We advised Meta on the transaction

Davis Polk advised Meta Platforms on its acquisition of Manus AI. Meta will operate and sell the Manus service and integrate it into its products. Financial terms of the transaction were not disclosed.

Meta builds technologies that help people connect, find communities and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.

Manus is the developer of a general AI agent designed to be an autonomous system that can independently execute complex tasks like market research, coding and data analysis. Manus is already serving the daily needs of millions of users and businesses worldwide. It launched its first General AI Agent earlier this year and has already served more than 147T tokens and created more than 80M virtual computers.

The Davis Polk corporate team included partners Michael Diz, Michael Gilson and Tierney O’Rourke, counsel Saagar Kaul and associates Karen Yang, Ben Deutsch and Matthew Franklin. Partner Pritesh P. Shah and associate Hannah Coleman provided intellectual property advice. Partner Adam Kaminsky provided executive compensation advice. Partner Corey M. Goodman provided tax advice. Members of the Davis Polk team are based in the Northern California, New York and Washington DC offices.

Copy link to share post