Taken from: http://finance.yahoo.com/news/must-know-facebook-acquires-whatsapp-162740629.html
Facebook spent 19B (that's BILLION) to acquire WhatsApp. (Part of that was with Facebook stock - WhatsApp shareholders and employees will hold about 8% of Facebook stock)
This purchase expands Facebook's reach - but (maybe more importantly) keeps others (most notably Google) at bay. Messaging apps, VoIP, Instragram and others seem to be on Facebook's agenda as it gets into its second decade of life.
Facebook seems to be heeding the message "Don't look back, they may be gaining on you" in a big way!!!
No comments:
Post a Comment