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> Facebook buys WhatsApp for 16bn
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On February 19, 2014, Facebook, Inc. (“Parent”) entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with Rhodium Acquisition Sub II, Inc., a Delaware corporation and wholly owned (in part directly and in part indirectly) subsidiary of Parent (“Acquirer”), Rhodium Merger Sub, Inc., a Delaware corporation, a direct wholly owned subsidiary of Acquirer (“Merger Sub”), WhatsApp Inc., a Delaware corporation (“WhatsApp”), and Fortis Advisors LLC, as the stockholders’ agent.
As you heard it! The F is buying the messaging app WhatsApp. The buyout will be divided in cash(4bn) and stocks(12bn). If you want to read more about this deal, make sure you head to the
document.
[ This Message was edited by: tranced on 2014-02-19 22:24 ]
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Posted: 2014-02-19 23:21:15
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I wonder what they'll do with it. Implant it in FB to replace messenger?
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Posted: 2014-02-19 23:26:08
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Sad, sad news... 16bn? And I thought Microsoft was too desperate in buying Skype... But you know you're desperate when you offer snapchat 3bn
[ This Message was edited by: Away on 2014-02-19 22:41 ]
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Posted: 2014-02-19 23:28:09
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Facebook is useless at making apps work properly they'll mess this one up now
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Posted: 2014-02-20 00:02:00
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Now Facebook will have all our phone numbers too.
We need a new 'Whatsapp' now
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Posted: 2014-02-20 00:28:09
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Have you heard of
telegram? Almost WhatsApp plus a lot of goodies.
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Posted: 2014-02-20 00:57:02
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I know telegram stop it is an old communication system stop
I'll give it a try.
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Posted: 2014-02-20 01:35:24
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Telegram haha that'll have to be posted
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Posted: 2014-02-20 03:00:00
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The juggernaut is growing, and where is Twitter in all of this??? They need to start making major acquisitions to, Vine and Ads can only take them so far.
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Posted: 2014-02-20 10:29:05
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It seem's the popularity of Whatsapp is a danger to the networks, who have traditionally made money from sms / mms. If this is so then it might drive the price of data plans up in order to compensate.
The good thing about Whatsapp though is being able to send videos free to any phone number, something the networks have never allowed us to do properly.
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Posted: 2014-02-20 10:32:00
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