On February 19, 2014, Facebook announced an agreement to acquisition of a rapidly growing cross-platform messaging service WhatsApp for a total of approaximately $16 billion, including $4 billion cash and $12 billion Facebook shares. Along with this $3 billion restricted stock for WhatsApp founder and employees for their four-year dedication to company.
Facebook-WhatsApp marriage's mission is to bring more connectivity among people, deliver most efficient and affordable service.
Post by Mark Zuckerberg.
Hidden Facts About Facebook-WhatsApp Marriage:
>> I promise $16B is more than the GDP of 85 of the 193 countries of the world See here.
>> FB's largest acquisition & bigger than any that Google, Microsoft or Apple have ever done.
>> 4 years ago WhatsApp co-founder was turned down for a job at Facebook. Today he sold them his company for $16B
>> Most pleasing stat: 45 employees at Whatsapp, so they earned on average $422m each. You beauty!!
>> WhatsApp co-founder and CEO Jan Koum to join Facebook Board of Directors.
>>WhatsApp and Facebook’s messaging service will continue to operate as standalone applications.
I hope this deal will work better and bring more features to their services.
"Happy Marriage."
