Meta Acquires ConnectU

Announced June 23, 2008 — $31M

What happened

ConnectU was a social networking site whose founders had a legal dispute with Facebook's founder, settled via this acquisition.

Meta's acquisition history

3rd 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 2008

75 across all acquirers

Meta in Social networking (litigation)

1 acquisition

When did Meta acquire ConnectU?

Meta acquired ConnectU on June 23, 2008. This was Meta's 3rd publicly tracked acquisition out of 109 we have on record.

How much did Meta pay for ConnectU?

Meta paid $31M for ConnectU.

What does ConnectU do?

ConnectU was a social networking site whose founders had a legal dispute with Facebook's founder, settled via this acquisition.

What other Social networking (litigation) companies has Meta acquired?

ConnectU is Meta's only publicly tracked acquisition in Social networking (litigation) so far.