Facebook Acquires WhatsApp for $19,000,000,000

  • Feed Type
  • Date
    2/19/2014
  • Company Name
    WhatsApp
  • Mailing Address
    3561 Homestead Road Santa Clara, CA 95010
  • Company Description
    WhatsApp Messenger is a cross-platform mobile messaging app which allows you to exchange messages without having to pay for SMS. WhatsApp Messenger is available for iPhone, BlackBerry, Android and Nokia and yes, those phones can all message each other.
  • Website
    http://www.whatsapp.com
  • Transaction Type
    M&A
  • Transaction Amount
    $19,000,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. An additional $3 billion has been allocated for employee retention purposes.

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