Dev.SN ♥ developers
Sections
Dev.SN
posted by
Dopefish
on Thursday February 20 2014, @05:00AM
from the when-will-this-darn-bubble-pop-already? dept.
from the when-will-this-darn-bubble-pop-already? dept.
lubricus writes "Facebook announced plans to acquire WhatsApp for four billion cash, plus 12 billion in Facebook shares.
Additionally, WhatsApp employees and founders will receive three billion in restricted stock which will vest in four years. Facebook also agreed to a one billion dollar break up fee.
WhatsApp says they have message volume which approaches the global SMS volume, and hope to have one billion users. Even at those figures, Facebook is paying $16 per user.
I'm guessing WhatsApp will send Snapchat developers a cake."
This discussion has been archived.
No new comments can be posted.
Facebook to Buy WhatsApp for 16 Billion
|
Log In/Create an Account
| Top
| 1000 moderator points
| 79 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
I'm not a robot like you. I don't like having disks crammed into me... unless they're Oreos, and then only in the mouth.
-- Fry
(Score: -1, Offtopic) by linsane on Thursday February 20 2014, @05:24AM
First roflmao for me here, thank you and I will send over the bill for the damage to my phone for the coffee i just spat on it.