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Facebook Buys WhatsApp For $19 Billion

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NEW YORK: The largest social network Facebook Buys WhatsApp. Facebook has acquired the leader of internet messaging service on mobile WhatsApp for $19 billion.

Facebook Buys WhatsAppThis is the record ever acquisition of a firm by the social networking giant and WhatsApp will kept working as autonomous company just as Facebook did it with Instagram, which was bought around $715.3 million.

Facebook CEO Mark Zuckerberg has said that the combination of Facebook and WhatsApp will create a new history in internet messaging over Smartphone and Tablets and it is aimed to target many more people round the globe to stay connected.

facebook-whatsappTo boost the messaging service of Facebook, WhatsApp will provide new tools to FB community for developing a service that people would love to use every day.

The landmark deal has been struck because WhatsApp has seen an exceptional growth in the past years and now heading towards 1 billion active users by the end of this year.

Currently its is used by over 450m people on every major mobile platform.


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