Meta Platforms (FB) Closes $1 Billion Kustomer Deal After Regulatory Review | #Acquisitions #Facebook #SocialMedia  | 21st Century Innovative Technologies and Developments as also discoveries, curiosity ( insolite)... | Scoop.it

Meta Closes $1 Billion Kustomer Deal After Regulatory Review
Deal was announced in Nov. 2020, but faced regulatory scrutiny
Kustomer is part of Meta’s plan to profit from private chats

Meta Platforms Inc. was finally allowed to complete its acquisition of Kustomer, a customer service software company, after more than a year of antitrust scrutiny.

Meta, which owns Facebook, announced that the deal “complied with all regulatory requirements” in a blog update Tuesday. Meta first announced the acquisition, valued at more than $1 billion...

 

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