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New Deal


Announced

Completed

Facebook completed the acquisition of BigBox VR.

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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Gaming

Completed

vr games

Majority

Single Bidder

Acquisition

United States

Private

Domestic

Friendly

Synopsis

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Facebook completed its acquisition of BigBox VR, a creator of online VR multiplayer games. Financial terms were not disclosed. "We continue to invest in content that fosters social connection, and we believe POP: ONE delivers this experience to the VR community in spades within a super fun gaming experience. As part of the Oculus Studios family, BigBox VR will have the opportunity to grow POP: ONE and cultivate its community with the full support of Oculus Studios resources, and, in the future, pursue other projects," Mike Verdu, Facebook VP of Content.

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