Meta Acquires CTRL-labs

Announced September 2019 — undisclosed, but reportedly between $500 million and $1 billion

What happened

CTRL-labs developed a wristband that reads neural signals to control devices, later folding into Reality Labs.

Meta's acquisition history

79th 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 2019

63 across all acquirers

Meta in Neural interface technology

1 acquisition

When did Meta acquire CTRL-labs?

Meta acquired CTRL-labs on September 2019. This was Meta's 79th publicly tracked acquisition out of 109 we have on record.

How much did Meta pay for CTRL-labs?

Meta paid undisclosed, but reportedly between $500 million and $1 billion for CTRL-labs.

What does CTRL-labs do?

CTRL-labs developed a wristband that reads neural signals to control devices, later folding into Reality Labs.

What other Neural interface technology companies has Meta acquired?

CTRL-labs is Meta's only publicly tracked acquisition in Neural interface technology so far.