Meta acquires Within despite FTC concerns

guest · Feb 10, 2023

By Amanda Silberling @asilbwrites - February 9, 2023

After an antitrust lawsuit with the FTC, Meta has officially closed the deal to acquire Within, the VR developer behind fitness app Supernatural. It has taken more than a year for the deal to secure necessary approvals to move forward. The financial terms were not disclosed.
Click to expand...

The FTC sued Meta in July to block the purchase of Within, the creators of the VR fitness app Supernatural, alleging that the acquisition would be anti-competitive. Meta has a history of buying up promising VR technology to power its mutlibillion-dollar bet on the metaverse, including Beat Games, the studio behind Beat Saber, and Oculus, which powers Meta’s hardware. But after a trial in which Meta CEO Mark Zuckerberg testified, a judge ruled that Meta could go forward with the acquisition.
Click to expand...

Meta: Within Joins Meta

February 8, 2023
“Today, we’re officially welcoming the Within team to Meta! We’re eager to partner with this talented group in bringing the future of VR fitness to life.” — Jason Rubin

“Today marks an exciting new chapter for Supernatural, as we officially join Meta. We’re elated for the opportunity to bring joy, awe, wonder, and a happier, healthier life to more people around the world.” — Chris Milk
Click to expand...

Meta has complied with all regulatory requirements for closing.
Click to expand...

Log in or Sign up

Meta acquires Within despite FTC concerns

guest Guest

Log in or Sign up

Meta acquires Within despite FTC concerns

guest Guest

Useful Searches