Facebook says..WhatsApp I like..!!!
Year 2014 marked another noteable Facebook-Watsapp deal with a staggering amount of $ 19 billion and also dwarfed Facebook-Instagram deal which amounted for $ 1 billion in 2012,Microsoft-Nokia deal summed to $ 7.2 billion in 2013.
WhatsApp being a booming smart phone service founded by a former employees Brian Acton and Jan Koum which grew in just five years.The WatsApp model is the best communicator of 21st century to stay in touch with friends,family and share images,video,audio.
WhatsApp is reported to have more than 450 million users and said to handle more than 10 billion messages daily effectively handled by 55 employees.
Interestingly out of which 100 million active users are from India due to penetrated smart phone network.
Facebook is placing a $19 billion bet on reaching its next billion mobile users with the acquisition of WhatsApp. The components for aggregate deal will be somewhat like paying $12 billion in stock and $4 billion in cash for WhatsApp. In addition, the app's founders and employees(55) in all will be granted restricted stock worth $3 billion that will vest over four years after the deal closes.
Effectively spending $ 42 to acquire one WatsApp figure,quite a whopping figure I must say...
There have been endless talks among half of S & P 500 companies that Facebook is paying more than half of what WhatsApp is actually worth for. Reason may be Facebook wanted to keep WhatsApp out of the clutches of Google...Anyways its share price is all time high so it has not much too lose and its merely a fraction of company's valuation.
According to Mark Zuckerberg,their motive is to make the world more open and connected. We do this by building services that help people share any type of content with any group of people they want. WhatsApp will help us do this by continuing to develop a service that people around the world love to use every day.And also WhatsApp has blistering growth world wide.
Being one of the most successful and far sighted founder at the age of 29,Mark also added WhatsApp will continue to operate independently within Facebook.
One of the major upcoming expected would be complimenting Facebook Messenger for communicating with all of the contacts and small groups of people.
However some of the things which can be integrated can be Detailed registration – collecting user information,Advertisements as Facebook makes plenty of cash from advertising,incorporating feature of real time location and most impotantly upgrading users.
Facebook is also keeping an eye on SnapChat,other popular Chat App...
With all these deals going on its creating a strong foundation in world of Technology,Gadgets and pre dominantly in minds of people across the world..
