Silicon Valley giant “Facebook” announced the acquisition of messaging platform WhatsApp for a total deal of worth $19 billion . The massive deal appears to be Facebook’s biggest purchase yet after the Instagram acquisition for $1 billion.
Evan Spiegel, the co-founder and chief executive of messaging service Snapchat has declined the offer from facebook worth $3 billion by saying NO ,Not interested. Some reports were indicating that Spiegel is holding for a better offer.
WhatsApp co-founder Brian Acton who confirms his rejection by Facebook & Twitter in 2009 through tweet
“Facebook turned me down. It was a great opportunity to connect with some fantastic people. Looking forward to life’s next adventure.”
“Got denied by Twitter HQ. That’s ok. Would have been a long commute.”
now becomes the part of “Big Blue” of Silicon Valley “Facebook” through his perseverance.
Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.