Facebook Buys WhatsApp For $19 Billion

Facebook Buys WhatsApp For $19 Billion

Social network Facebook is preparing to acquire mobile messaging app WhatsApp. While this move is not entirely surprising, the negotiated price is raising some eyebrows. Evidently, the offer is a whopping $19 Billion (as a combination of cash and stock). Facebook hopes this will extend their reach to communications that are currently outside their network. That’s a lot of money for a little extension if you ask me. We’ll see how this plays out for Facebook.

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avatar KALE: A geek who works in the IT Security field and lives in Dallas, TX. He is also a music geek who has played in several local bands. Previous to his IT career, Kale worked as a photojournalist. He brings technical advice and artistic counterpoint to the podcast.