Facebook Spent $87 Million on Mergers and Acquisitions Last Year… Not Including Instagram

by Todd Haselton | February 1, 2013

Facebook spent $1 billion to acquire Instagram last year, but now we’re learning a bit more about where the company focused its other mergers and acquisitions spending.

“In 2012, we also completed other business acquisitions for total consideration of $87 million,” the company said in a recent filing. The books show that Facebook spent $15 million on acquiring new net assets, but that $72 million was filed under “goodwill,” which Facebook says includes “expected synergies from future growth and potential monetization opportunities” in the future. Google, by comparison, spent $1.2 billion on mergers and acquisitions last year, AllThingsD  discovered.

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Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...