Facebook Paid Nearly $50 Million for FriendFeed

Facebook Paid Nearly $50 Million for FriendFeed

We’ve learned a lot about Facebook’s deal to acquire FriendFeed since news first broke early this afternoon. In fact, as we reported earlier, the two companies discussed joining forces as far back as 2007, shortly after FriendFeed launched.

Now, we have what looks like a deal price. According to The Wall Street Journal, Facebook paid nearly $50 million to acquire FriendFeed: $15 million in cash and $32.5 million in Facebook stock. According to the report, the stock part of the deal values Facebook at $6.5 billion - the same valuation that Facebook employees were allowed to sell stock at last month.

Complete coverage of the Facebook-FriendFeed deal:

3 Key Reasons Facebook Bought FriendFeed

FriendFeed Office Deserted: Whole Team Already at Facebook [Pics]

FriendFeed Co-Founder: Facebook Acquisition Talks Began in 2007

FriendFeed Users Shocked by Facebook Acquisition

Facebook + FriendFeed = Twitter Killer?

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