Facebook to Buy WhatsApp for $19 Billion
Facebook has agreed to purchase WhatsApp for a whopping $19 billion. The social networking juggernaut will pay for the immensely popular cross-platform messaging client in cash and stock ($4 billion in cash, $12 billion in stock, and additional $3 billion in restricted stock which will vest over the four years after the deal’s closing).![]() |
Image by Distimo |
In case you are wondering how that $19 billion compares to other acquisitions, here's some trivia. Microsoft bought Nokia for $7.2 billion in 2013 and Skype for $8.5 billion in 2011. Google bought YouTube for $1.65 billion in 2006. So WhatsApp really meant a lot to Facebook.
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Til then...
xoxo Nash
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