Facebook spent $16 billion to acquire WhatsApp

facebook whatsapp

Facebook spent $16 billion to acquire WhatsApp, spending $4 billion in cash and $12 billion in Facebook stock .

It’s by far Facebook’s biggest acquisition, It is 16 times larger than what the Facebook paid for Instagram App.

WhatsApp Blog said:

Today we are announcing a partnership with Facebook that will allow us to continue on that simple mission. Doing this will give WhatsApp the flexibility to grow and expand, while giving me, Brian, and the rest of our team more time to focus on building a communications service that’s as fast, affordable and personal as possible.

The following chart created by Statista.

Compares Facebook’s most recent acquisition with other relatively recent, high-profile deals, such as Google’s purchase of Nest and Microsoft’s acquisition of Skype.

 

Statista Infographic Facebook WhatsApp deccaninews

What do you think ? will this Facebook spending will help Facebook to grow more on Mobile devices ?

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Mohammed Sadiq

Hi, I am Mohammed Sadiq an OpenSource Technology Fanboy and a Computer Nerd! I Love Ruby, RubyonRails, Drupal, Wordpress, Ubuntu, Postgres, Mysql, Nginx and Blogging.