Facebook to acquire Whats App

Facebook to acquire Whats App 

=====================================

February 20,2014 Facebook acquire WhatsApp Mobile messaging company WhatsApp in 19 billion Dollars in cash  and stock deal.


Facebook on Thursday said it has reached a "definitive agreement" to acquire mobile messaging firm WhatsApp for approximately $16 billion, including 4 billion Dollars in cash and about 12 billion Dollars worth of Facebook shares.

The agreement also provides addition of 3 billion Dollars in stock units to be granted to WhatsApp'.for USD 19 billion in Cash and stock

WatsApp will continue to operate independently and retain its brand, while its co-founder and
CEO Jan Koum will join Facebook Board of Directors, the social networking firm said in a statement.

WhatsApp is a path to attached to people.

In this time 450 million people using WhatsApp in each month.

 

"WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable," Facebook founder and CEO Mark Zuckerberg said.

Its a big deal WhatsApp had every option in the world, so I’m thrilled that they chose to work with us.
I’m looking forward to what Facebook and WhatsApp can do together,
and to developing great new mobile services that give people even more options for connecting.