Facebook buys WhatsApp for $19 Billion

Facebook announced the purchase of the mobile messaging service WhatsApp on Wednesday, in a $19bn deal that represents the social media company’s biggest acquisition yet.

Mark Zuckerberg, the founder of Facebook, described five-year-old WhatsApp as an “incredibly valuable” service that was well on its way to connecting 1 billion people around the world.

The deal is a big bet for Facebook, which has until recently struggled to convince investors of its strategy for mobile.

Source : *www.theguardian.com/technology/2014/feb/19/facebook-buys-whatsapp-16bn-deal

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Did not see the thread in Technology News section. Mods please close/delete this thread as required.

they bought it at 16 bil not 19 bil...

It's 19

A

$3 billion service charge, educational cess and VAT.

ok i get it now...

time to start using kik

WhatsApp only employs around 50 people total. At 32 engineers, that’s $500 million per engineer.

They wont kill whatsApp so chill

Anorion said:
time to start using kik

they wont do anything to it afaik...they will let it operate as a separate company
just like snapchat/instagram. facebook didnt do anything to instagram did it?

^yes. it got ads.

*i.imgur.com/24WdmFI.jpg

I feel the same about this like I feel about the Google Plus comments on Youtube. Youtube sucks with it and I have a feeling WhatsApp would such as well. For me WhatsApp was a medium to communicate in a way exclusive of Facebook. Now, they are both merged and my messages are going to go through FB again.

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Piyush said:
WhatsApp only employs around 50 people total. At 32 engineers, that’s $500 million per engineer.

What would be if every person they employ has stakes in the company.

Already out of facebook, whatsapp ur time is near. Hello Viber

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*www.engadget.com/2014/02/19/why-did-facebook-spend-19-billion-on-a-messaging-app-video

There are plenty of other such apps.
So, why care?

why care?
the amount of zeroes in the figure
what kind of economy can justify such a purchase..

V

continue here: *www.thinkdigit.com/forum/technolog...em-facebook-acquires-whatsapp-16-billion.html