WhatsApp sold to Facebook for $16 billion

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According to documents filed with SEC today, Facebook has purchased WhatsApp for $16 billion in cash and stock. As with the Instagram buyout WhatsApp will operate independently post acquisition. It is Facebook's hope that the deal will "accelerate Facebook’s ability to bring connectivity and utility to the world."

WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable. WhatsApp will complement our existing chat and messaging services to provide new tools for our community.Facebook CEO Mark Zuckerberg


The service has over 450 million users access it each month according to statistics in their latest press release. The CEO is hopeful this move will allow his company to move forward as fast as possible.

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.WhatsApp co-founder and CEO Jan Koum


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"WhatsApp sold to Facebook for $16 billion" :: Login/Create an Account :: 96 comments

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ActivatedPosted:

$16 Billion? :O This could either go very wrong or they could turn a profit

AftermarketPosted:

Lunch money mate. More money than sense

StonerzardPosted:

Idiots. They could have just downloaded it for free on the app store!

Kieran-Posted:

They must be rich to afford that.

Hope they make it better, not worse. lol

Dumb_ModzPosted:

Sanctorum Don;t understand what Facebook would want with this app and $16billion is a hell of a lot of money but oh well, I suppose it will make them a lot more money than what they paid for it, otherwise they wouldn't have purchased.


That little you talkin' 'bout
That's lunch money

RGHSignedPosted:

Its crazy how people can make money off of simple stuff. I wonder how they get so lucky.

NotePosted:

It was actually sold for more than this.

The Whatsapp company is still independent, they just work under Facebook now.

LyonsTeaPosted:

Sure now it's gona be a bad FB

MultitaskPosted:

Skeletons well congratulations to the developer, he is now set for life. But i do not see what facebook wants with this app.


They probably want to make more money with this app. $16 billion is pretty insane tho.

AdamuPosted:

Wow thats a lot of money there but i bet facebook is going to make whatsapp worse now lol.


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