Facebook is shopping for mobile electronic communication
service WhatsApp for up to $19 billion in money and stock, far and away the
company’s largest acquisition.The world’s biggest social networking company same Wednesday
that it's paying $12 billion in Facebook stock and $4 billion in money for
WhatsApp. Additionally, the app’s founders and workers are going to be granted
$3 billion in restricted stock that may vest over four years once the deal
closes.
The deal interprets to roughly nine p.c of Facebook’s market
price and is greater than any acquisition created by Google, Apple or
Microsoft.
Google’s biggest deal, Motorola quality, stood at $12.5
billion, whereas Microsoft’s largest was Skype at $8.5 billion. Apple,
meanwhile, hasn’t done a deal on top of $1 billion.
Facebook says it's keeping WhatsApp as a separate service,
even as it did with Instagram that it bought for concerning $715.3 million.
“The services that reach that milestone are all incredibly
valuable,” Zuckerberg said.
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