Whatsapp Sold To Facebook

Owners of popular cross-platform WhatsApp mobile messaging app withstood offering the business to Google a year ago for the United States $1 Billion specifying many times that they were not for sale. Well, all that has altered today as Facebook has bought WhatsApp for money and stock or WhatsApp sold to Facebook.

This triggers a tidal shift in the messaging landscape and offers Facebook access to 430 million WhatsApp users and the existence in mobile that they have long wanted.

Whatsapp Sold To Facebook

Specifics of the tender has to be formalized however the deal includes $12 billion in Facebook stock and $4 billion in money for WhatsApp. WhatsApp's creators and staff members will likewise get $3 billion in limited stock.

Facebook CEO Mark Zuckerberg states WhatsApp is on its method to 1 billion worldwide users. This is the high global push for Facebook considering that WhatsApp is a familiar and relied on the platform today. Facebook likewise bought popular image sharing service Instagram $ 1 Billion in 2012. Facebook's stock fell 5% in after-hours trading following the news of the acquisition.
More info here: Does Facebook Own Instagram?
Some user might not delight in Facebook owning their mobile messaging app; rivals consist of BlackBerry Messenger, which was the producer of this totally free SMS, voice, and photo-capable messaging application. BBM is presently cross platform for BlackBerry, iOS, and Android.

Hopefully this brief article entitled "WhatsApp Sold To Facebook" can add your insights.

Advertisement