Facebook Acquires WhatsApp in $19 Billion Deal
“Facebook” has owned the messaging app “WhatsApp” with the cash and stock deal of $19 Billion. It is a smart-phone messaging app which is presently highly used by all the users. This move forwards the social network into highly getting populated application of mobile messaging market.The buying of WhatsApp is not only the possibility to add the already substantial user base for the social network, but to explode and advance the mobile services fast. According to the agreement done by Facebook and WhatsApp, Facebook has to pay $4 Billion on Cash and $12 Billion on stock for WhatsApp.
And also for closing the deal they gave $3 Billion in restricted stock units that have been offered to the founder and employees who are vest from the last 4 years. The successful rise of WhatsApp is exponentially from its drive since 2009. The entire service has about 450 million users. The app has a great popularity in the social market, and 1 million new users are going to add daily.
As far as the Facebook has stated the deal, the accretion lasts longer for social networks and WhatsApp's shared mission will made a good compatibility and provide connectivity to the world by conveying core internet facilities comfortably and avoidable.
Mingle of both companies will help for the rapid growth of user commitment. "WhatsApp is the best way to connect 1 billion users. The benefits that are provided to reach the turning point are all incredibly expensive," said by Mark Zuckerberg.
Zuckerberg has an idea to get into the messaging society of mobile for a while. The company had decided to invest $3 billion to buy Snapchat last year, but the offer was declined due to photo sharing. From Starting WhatsApp continuously maintains their own brand, while co-founder and CEO Jan Koum are willing to join Facebooks board.
“Mark Zuckerberg” who was the CEO of Facebook and the investors has a word on the conference call during Wednesday. That WhatsApp has an aid of multi-billion-dollars, because it is having a humorous growth rate in the four years since it has been established and it is easily surpassed the social network sites such as “Facebook, Gmail, Skype, and Twitter”.
All of these are very highly positioned growth rate in the internet market. Mark has said that I had known Jan for long and I have been excited to be a partner with him after all his team the world will become more open and connected.
As “Jan Koum” has written a post on his company’s blog that the deal is not only to give the WhatsApp to the Facebook but it should be flexible to grow and explode. But it will enable a company’s 55 employees to mainly concentrated on the building of communication service that are as fast, cheap and personal as possible.
According to OnDevice research WhatsApp is the most popular app in the smart phones of the mobile world. Acquiring of WhatsApp will boost the Facebook’s already had a solid position in the jammed messaging society. Facebook is a standalone application for smart phones but it had remains second to the shares of WhatsApp for mobiles.
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