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Friday 21 February 2014

Why WhatsApp Is Acquired By Facebook for $19 Billion

Recently the news of WhatsApp acquisition by the Social Networking Giant Facebook made the Highlights this week. Some users are applauding the takeover. Whatsapp said in a blog post that "You can still count on absolutely no ads interrupting your communication, There would have been no partnership between our two companies if we had to compromise on the core principles that will always define our company, our vision and our product." 



Facebook's Planning behind this partnership:
The CEO of Facebook 'Mark Zuckerberg' posted on his wall that "Our mission is to make the world more open and connected" that means both the companies can merge to work but Mark said "Whatsapp will continue to work independently within facebook" 
In other words, Facebook just bought 450 Million Phone numbers on $19 Billion. 


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