Facebook has announced to plans acquire WhatsApp for the
equivalent of $19 billion in cash and stock. According to the source, Facebook
has agreed to pay $12 billion in stock and $4 billion in cash for this acquisition.
Additional $3 billion in restricted stock units to WhatsApp's founders and
employees as part of the deal agreed by Facebook, which bring this deal price
to $19 billion
WhatsApp already has over 450+ million active users every
month and this is the so far Facebook largest acquisition in early 2013-2014.
WhatsApp
WhatsApp, founded in 2009 by former Yahoo engineers
Jan Koum and Brian Acton and day by day is the most popular of a set of mobile
messaging apps. The app served as an alternative option to SMS by letting users
send messages for free across smartphone platforms. It currently has more than
450+ million people who use the app every day.
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