Facebook to acquire WhatsApp for a cool $19 billion


In rather unsuspecting news today, Facebook have just announced that they are to purchase WhatsApp for a deal which includes $4 billion in cash, $12 billion worth of Facebook shares and finally another $3 billion in restricted stock units for the founders and employees. WhatsApp has been a text book case of success since it launch 5 years ago and now sees its monthly user count at around 450 million a month, so no need to guess why Facebook wanted to acquire it. The deal with Facebook is said to allow WhatsApp to continue as is with it’s own people and offices, much in the same way they have done with Instagram.

Source: Facebook, WhatsApp

Craig O'Sullivan

Creator of Geektech.ie Passionate about Technology and always looking for that next cool gadget or app

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