FACEBOOK BUYS WHATSAPP

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(Last Updated On: February 20, 2014)

facebook Facebook pays $16 billion for popular messaging app WhatsApp, its the largest acquisition to date.Anyone who thought that the $1 billion price tag on Facebook’s acquisition of Instagram was shocking will want have a share of the price tag on the WhatsAPP  from the social network’s latest purchase: The Menlo Park company d  agreed to acquire Mountain View-based WhatsApp for $16 billion.

Facebook pays $16 billion for popular messaging app WhatsApp, its largest acquisition to date

BY SOILA SOITTARA

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