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Meta halts Within Unlimited’s acquisition deal

Meta to unveil new VR headset October

(FILES) In this file photo taken on October 28, 2021 the META logo on a laptop screen in Moscow as Facebook chief Mark Zuckerberg announced the parent company's name is being changed to "Meta" to represent a future beyond just its troubled social network. - Meta's second most powerful executive Sheryl Sandberg said June 1, 2022 that she will leave the tech giant, 14 years after being hired by Facebook co-founder Mark Zuckerberg (Photo by Kirill KUDRYAVTSEV / AFP)

Facebook parent company, Meta, has stated in a court document filed on Tuesday, that it does not anticipate concluding its acquisition agreement with Within Unlimited, the company behind the well-known fitness software “Supernatural,” until the end of the month of January 2023.

According to the document filed with the United States District Court for the Northern District of California, Meta has consented to postpone the closing by one month, or until the day after the court issues its decision in the preliminary injunction trial brought by the U.S. Federal Trade Commission.

Meta had previously agreed to hold off on closing the acquisition until December 31 at 11:59 p.m.

In a lawsuit filed in July to block the deal, the FTC referred to Facebook as a “global technology behemoth,” noted that it owned popular apps like Instagram, Messenger, and WhatsApp, and claimed that its “campaign to conquer VR (virtual reality)” began in 2014 when it bought VR headset maker Oculus.

The FTC reduced its complaint against the transaction in October, concentrating on the VR-specific workout app market and dropping claims regarding the larger VR fitness app market.

The Meta Quest Store, with hundreds of apps, is run by Meta, which already owns the best-selling VR headgear, the Quest 2. The 2014-founded company,, Within Unlimited, produces creative content for virtual reality as “the foremost destination for cinematic virtual reality,” it describes itself.

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