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New Deal


Announced

Meta to acquire Within for $400m.

Financials

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Transaction Value£300m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Domestic

Pending

United States

Private

Majority

Software

Single Bidder

Acquisition

Friendly

VR workout app

Synopsis

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Meta agreed to acquire Within, a developer of a VR workout app, for $400m. “We are excited because our partnership with Meta means we will have more resources to expand and bring you even more music, more creative ways to workout, more features and more social experiences for VR. And of course, we will still be launching new workouts every single day,” Chris Milk, Within CEO. On December 16, FTC reportedly initiated an in-depth probe of the deal. On September 7, FTC drops some claims in bid to block Meta’s merger with Within.

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