Categories: Web & Social media

Facebook to acquire WhatsApp for $19 billion [updated]

This news has spread like a wildfire and it deserves to be after all we are talking about two giant services used by everyone. Yes you heard it right. Facebook has entered an agreement to purchase WhatsApp for $19 billion in cash and stock.

WhatsApp as we all know is the popular realtime messaging service now available for every mobile platform whereas Facebook is the social network which I think won’t need any introduction. A document filed with the SEC confirms the big purchase. Facebook plans to operate WhatsApp as an independent service which would now better assist the primary motive of Facebook to bring the world together. According to this deal, the total exchange of funds will be $3billion in cash and rest in stock. Find the link to the press release in the sources below to know more details.

Hans Gogia

Hans is a tech enthusiast and an Android fanboy who has been blogging for the past three years. He is an engineer by profession and loves to play with gadgets in his free time. He is currently using a OnePlus One as his daily driver probably running a custom ROM and few mods.

View Comments

Share
Published by
Hans Gogia

Recent Posts

SENS MJ 2 Neckband Review

SENS, a new wearables company in India launched a handful of devices in the country.…

2 years ago

Truke Buds F1 True Wireless Earbuds Review

The true wireless earbuds market is growing rapidly in India. Truke, a German brand with…

2 years ago

Jabra Elite 4 Active True Wireless Earbuds Review

Jabra has been one of the leading brands in audio peripherals since the company’s outset…

3 years ago

Nokia C01 Plus Review: The Budget Smartphone For Everyone!

The entry-level price segment i.e the price bracket under Rs. 10k has not seen much…

3 years ago

Infinix Smart 6 Review: The Best Value For Money Smartphone

Infinix is well known for launching a budget range of smartphones in India that offer…

3 years ago

Technology Trends That Impact Business Communication

Running a business requires more than just financial solid and customer relations. To successfully grow…

3 years ago