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New Deal


Announced

Completed

Facebook completed the acquisition of Downpour Interactive.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

virtual reality

Friendly

Single Bidder

Gaming

Domestic

United States

Acquisition

Completed

Majority

Synopsis

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Facebook completed its acquisition of Downpour Interactive, a developer of multi-player games for the virtual reality industry. Financial terms were not disclosed. "With us joining Oculus Studios at Facebook, we can now realize Onward’s full vision with tremendous support and resources. This means a better game for all our players on all platforms. There are no changes in hierarchy or in vision, everyone at Downpour is still working hard to deliver you the best game possible," Dante Buckley, Downpour Interactive CEO.

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