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.