Facebook will soon acquire the popular instant messaging software Whatsapp for a whopping $16 billion in cash and stock. That’s nearly $43 per each user of its total 450+ million monthly users.
Whatsapp is undoubtedly one of the leading instant messaging app out there. Facebook previously tried to acquire Snapchat for $4 billion. But Snapchat had turned down that offer. This acquisition is in many ways better than Snapchat for Facebook as Whatsapp has a larger userbase than former. However, the question now is, can both the companies come up with new good working model as they have completely different working principles as of now.
Facebook’s messaging system is available both on desktop and smartphones, while Whatsapp is limited smartphones alone. Whatsapp also follows a yearly subscription pattern with no ads whatsover. As pen Jan Koum, CEO of Whatsapp, they will continue to strictly follow their working principles. Both the companies have already discussed about this before coming to an agreement. Facebook already integrates with SMS app on Android. And soon it will also integrate Whatsapp. Things are looking interesting for the both the company owners and us the users. Let’s hope Facebook does not screw this up !!