Facebook buys Whatsapp Messenger for $19 billion. Social network acquires best smartphone messaging platform

FACEBOOK pays $19 billion for the purchase of the worldwide popular messaging app WhatsApp.

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High-priced! Facebook gets WhatsApp for 19 million dollars

In an official announcement made ​​Wednesday night, Facebook said that it has reached a definitive agreement to buy the mobile messaging platform WhatsApp, at exchange of a price amounting to 19 billion dollars, of which 4 billion are in cash and $12 billion consists of FACEBOOK shares. The settlement includes also 3 billion dollars in stock that will be granted to WhatsApp founders and company’s staff if they remain employed by Facebook for the upcoming four years.

According to the document, WHATSAPP has created a mobile messaging service which is used monthly by 450 million customers, of which 70% use it every day by sending a number of messages equivalent to the overall number of SMS-type messages. Furthermore about one million people join WhatsApp every day.

WhatsApp is a way to connect a billion people. Services able to reach such figures are also incredibly valuable,” said Mark Zuckerberg, the creator and CEO of Facebook.

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Facebook purchased Instagram for 1 billion dollars back in 2012 due to identical motives: As young social network users are keen on photo-sharing, Facebook wished to get rid of something which might have probably become a serious rival.

Video: How to install WhatsApp on PC

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