Meta Acquires Fayteq AG

Announced August 2017

What happened

Fayteq built video object-removal and effects software, folded into Facebook Live.

Meta's acquisition history

71st 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 2017

75 across all acquirers

Meta in Video effects software

1 acquisition

When did Meta acquire Fayteq AG?

Meta acquired Fayteq AG on August 2017. This was Meta's 71st publicly tracked acquisition out of 109 we have on record.

How much did Meta pay for Fayteq AG?

The price Meta paid for Fayteq AG was not publicly disclosed. Only 26 of Meta's 109 tracked acquisitions have a disclosed price.

What does Fayteq AG do?

Fayteq built video object-removal and effects software, folded into Facebook Live.

What other Video effects software companies has Meta acquired?

Fayteq AG is Meta's only publicly tracked acquisition in Video effects software so far.