Facebook buys WhatsApp for $ 16 billion

Social network Facebook on Wednesday, February 19, announced the purchase of WhatsApp Messenger for $ 16 billion, according to Agence France-Presse . It is the biggest transaction in the history of Facebook, the AFP. The official Facebook blog explained the reason for purchase.WhatsApp

Under the deal, which is expected to close in the coming time, the owners get WhatsApp Facebook shares worth a total of $ 12 billion, four billion dollars will be paid in cash. In addition, under the terms of the deal the owners and employees of WhatsApp for four years can get Facebook shares for a total of three billion dollars.

At the end of 2012 there were already reports that Facebook is interested in buying WhatsApp, but then they have not been confirmed.

WhatsApp – one of the most popular mobile messenger. It allows owners of mobile devices to exchange messages, pictures, videos and audio files. WhatsApp users are about 450 million people.

In April 2013, some media reported that Google is in talks to buy WhatsApp for a billion dollars. However, management WhatsApp denied these reports.


Kuttus is an IT professional and a part time blogger. He has started the 123seminarsonly to write his findings gained in daily work life. Kuttus writes articles which are mostly related to technology and Virus Removal. He has been interested in virus and Malware removal. He is working as a remote virus removal technician from the last 7 year.

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