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Learn about Facebook's groundbreaking acquisition of WhatsApp for $19 billion, including details on the deal, the founders, and the impact on the messaging app market.
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Facebook’s WhatsApp Purchase Kun-Mao Chao (趙坤茂) Department of Computer Science and Information Engineering National Taiwan University, Taiwan A note given in BCC class on Feb. 26, 2014
A Big Deal(announced on February 19, 2014) • Facebook paid $16 billion to acquire WhatsApp. • the deal also includes $3 billion in restricted stock the founders and employees will receive, pushing the price tag up to $19 billion.
WhatsApp • Instant messaging subscription service for smartphones. • Founded by Jan Koum in Feb. 2009. • It sounded like “what’s up.”