$FB – Facebook to Buy WhatsApp for about $16Billion
Bloomberg’s Jon Erlichman reports on Facebook buying WhatsApp, a real-time mobile messaging service with more than 450 million users each month. He speaks to Carol Massar on Bloomberg Television’s “Taking Stock.”
The acquisition supports Facebook and WhatsApp’s shared mission to bring more connectivity and utility to the world by delivering core internet services efficiently and affordably. The combination will help accelerate growth and user engagement across both companies.
“WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable,” said Mark Zuckerberg, Facebook founder and CEO. “I’ve known Jan for a long time and I’m excited to partner with him and his team to make the world more open and connected.” (Facebook)
source: Bloomberg Television