Facebook buys WhatsApp in $19billion deal

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Facebook says it is keeping WhatsApp as a separate service, just as it did with Instagram, which it bought for about $715.3 million.

Facebook is buying mobile messaging service WhatsApp for up to $19 billion in cash and stock, by far the company's largest acquisition.

The world's biggest social networking company said that it is paying $12 billion in Facebook stock and $4 billion in cash for WhatsApp. 
In addition, the app's founders and employees will be granted $3 billion in restricted stock that will vest over four years after the deal closes.

Facebook says it is keeping WhatsApp as a separate service. WhatsApp has more than 450 million monthly active users. 

Facebook CEO Mark Zuckerberg says WhatsApp is on path to reach a billion users.
As part of the deal, WhatsApp co-founder and Chief Executive Jan Koum will join Facebook's board, and the social network will grant an additional $3 billion worth of restricted stock units to WhatsApp's founders, including Koum.

My thoughts
Wow! Can anything stop Facebook?

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