Meta Acquires Ascenta

Announced March 27, 2014 — $20M

What happened

Ascenta designed solar-powered drones for providing internet connectivity, feeding into Facebook's connectivity efforts.

Meta's acquisition history

50th of 109 tracked deals

Disclosed prices

26 of 109 Meta deals

Meta's average disclosed price

$933.3M

Meta's largest disclosed deal

Tracked acquisitions in 2014

130 across all acquirers

Meta in Solar-powered drones

1 acquisition

When did Meta acquire Ascenta?

Meta acquired Ascenta on March 27, 2014. This was Meta's 50th publicly tracked acquisition out of 109 we have on record.

How much did Meta pay for Ascenta?

Meta paid $20M for Ascenta.

What does Ascenta do?

Ascenta designed solar-powered drones for providing internet connectivity, feeding into Facebook's connectivity efforts.

What other Solar-powered drones companies has Meta acquired?

Ascenta is Meta's only publicly tracked acquisition in Solar-powered drones so far.