Thursday, August 21, 2014

FB.com acquired by Facebook

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Facebook revealed on November 15th 2010 that it had acquired Fb.com. the acquisition was between the company and the American Farm Bureau Federation. The goal was to use as the domain for internal email in the corporate offices for exchanging with cleints.

Today comes news that the acquisition cost for FB.com was a whooping 8.5 million US dollars, landing the sale on the top of this year's charts. The sale relocated the 6 Million member Farm Bureau over to Fb.org permanently.

“At their annual meeting in Atlanta, Farm Bureau officials on Tuesday said the organization earned $8.5 million by selling a couple of domain names but is barred from identifying the buyer.”

 

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