Social Media

Facebook To Buy WhatsApp in $19 Billion Cash and Stock


Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for USD 19 billion in cash and stock, as the world’s largest social network looks for ways to boost its popularity, especially among a younger crowd.

As we all know that Facebook is a Topnotch Social Networking website. On 19 Feb, 2014 Facebook’s CEO +Mark Zuckerberg  announce that they are gone to buy +WhatsApp  which is a fast growing Mobile Messaging applications for mobile phone.

Facebook buy this fast growing Mobile Messaging startup +WhatsApp  for $19 billion cash and stock. +facbook will pay $12 billion in stock, $4 billion in cash, and an additional $3 billion in restricted stock units to WhatsApp’s founders and employees.  The deal was in the making for over 2 years. Mark Zuckerberg (founder of Facebook) and Jan Koum (Co-Founder and CEO of WhatsApp) spent several dinner, treks, and phone calls to finally come to a decision about the merger. Funny thing is, Koum agreed to the acquisition on Valentine’s Day by interrupting Zuckerberg’s family dinner.

Some Interested Fact about Co-founder of Whatsapp

Most of people does not know that the Co-Founder of Whatsapp Brian Acton was rejected from Twitter and Facebook than he think about to make some more interesting. He say tweets this in his account.

Naveen Kumar
Naveen Kumar is the Founder of F5 The Refresh. He is an SEO Expert by Profession and A blogger by hobby, who writes on various topics like Online Earning, SEO, Blogging and a lot more. You can follow him on Social Media.

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