Mark Zukerberg, the founder and CEO of Facebook announced the purchase of WhatsApp for $19 billion ($12 billion in Facebook shares, $4 billion in cash and $3 billion in restricted shares). It is surely the biggest deal of the era.
The combination of WhatsApp and Facebook will allow us to connect many more people around the world by boosting the messaging service.
WhatsApp has incredibly strong growth and engagement.
Its the only application that has grown as quickly as Facebook itself.
WhatsApp is the most simple, powerful,attractive and instantaneous messaging app that allows us to send text, audio and video messages across the world with no limitations in the speed.
WhatsApp is the top most downloaded application that has nearly 450 million monthly active users.
Jan Koum and Brian Acton (founders of WhatsApp) had to face rejection in their journey to Facebook and finally, the team of WhatsApp is excited and honoured to have partnership with Mark and Facebook.
The purchase will not affect the originality of the WhatsApp i.e the Application and Brand will continue in the same way as Instagram(photo and video sharing app purchased by Facebook).
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