Facebook has entered into an agreement to purchase WhatsApp, easily the biggest messaging client around the world, Facebook will pay $16 billion in cash and stock. A document has been filed with the SEC today confirming the purchase. Facebook says WhatsApp will continue to operate independently after the acquisition, but claims the deal “accelerates Facebook’s ability to bring connectivity and utility to the world.” I find this to be the biggest acquisition from any top 5 tech giant in the last 48 months… Quite shocking too.
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