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0 Facebook's Jaw Dropping Deal with WhatsApp Inc, Obstacles to Come Ahead!

Facebook today announced to acquire in-focus mobile messaging app "WhatsApp" with huge 19 Billion U.S. Dollar Deal. It includes paying approximately 4 Billion USD in Cash and about 12 Billion worth of their shares to WhatsApp Inc.

WhatsApp is rapidly spreading among the Smartphone users and over 450 million users are availing the service each month. According to the analysis about 70 percent of the users found online with WhatsApp messenger and its data volume is expanding at light speed exceeding the entire global telecom SMS data. With this popularity WhatsApp currently getting over 1 million new registrations each day.

"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.

“WhatsApp's extremely high user engagement and rapid growth are driven by the simple, powerful and instantaneous messaging capabilities we provide. We're excited and honored to partner with Mark and Facebook as we continue to bring our product to more people around the world.” said Jan Koum, WhatsApp co-founder and CEO.

Facebook Vs WhatsApp Growth Chart

Source: Forbes.com

Facebook facilitates individual business minds to work on their own products such as Instagram and now WhatsApp is part of them. Although Facebook have acquired WhatsApp, the brand will remain under Jan Koum, CEO - WhatsApp and at the previous headquarters location, Mountain View, CA. Jan will join Facebook's Board of Directors, however WhatsApp and Facebook messenger will continue to work as independent applications.

"I’m excited to announce that we’ve agreed to acquire WhatsApp and that their entire team will be joining us at Facebook. Our mission is to make the world more open and connected. We do this by building services that help people share any type of content with any group of people they want. WhatsApp will help us do this by continuing to develop a service that people around the world love to use every day. WhatsApp is a simple, fast and reliable mobile messaging service that is used by over 450 million people on every major mobile platform." - Mark Zuckerberg.
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