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 583260
To read all comments associated with this story, please click here.
$19B for a 55 employee Company
by dindin on Thu 20th Feb 2014 14:29 UTC
dindin
Member since:
2006-03-29

They said $13B for Motorola was too much.

What exactly does What'sApp have that's so unique that its worth $340M+ per employee - not that most of the employee will see any of that - maybe a small bonus.

Reply Score: 4