Linked by Thom Holwerda on Wed 19th Feb 2014 22:20 UTC
Internet & Networking

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. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.

A huge deal. WhatsApp is one of the biggest messaging services is in the world - maybe even the biggest.

Permalink for comment 583236
To read all comments associated with this story, please click here.
RE: XMPP
by Troels on Thu 20th Feb 2014 09:20 UTC in reply to "XMPP"
Troels
Member since:
2005-07-11

Just to stop spreading inaccurate information: SIP does not require the use of old fashioned phone numbers, the username can be almost anything, and in fact often is internally in a PBX, and is only translated to a phone number when you try to like, make a phone call :-)

Reply Parent Score: 6