Facebook is acquiring mobile messaging company WhatsApp for about $16 billion, plus $3 billion in stock grants, as the social-networking firm looks to boost the overall time users spend on its properties. The price tag for the deal comprises $4 billion in cash and approximately $12 billion worth of Facebook shares. In addition, the agreement 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.
Facebook Buys WhatsApp In $19B Deal
By NetNewsCheck Category Feed: Mobile|
2016-10-13T09:48:53-04:00
February 19th, 2014|Mobile|Comments Off on Facebook Buys WhatsApp In $19B Deal
Related Posts
-
How to move from m-dot URLs to responsive site
September 14th, 2017 | Comments Off on How to move from m-dot URLs to responsive site -
Making the Internet safer and faster: Introducing reCAPTCHA Android API
June 8th, 2017 | Comments Off on Making the Internet safer and faster: Introducing reCAPTCHA Android API -
netGALAXY Studios Team Launches App for Child Development
June 5th, 2017 | Comments Off on netGALAXY Studios Team Launches App for Child Development -
Quintin’s Close-Ups: There’s an app for that [Source: Charleston City Paper]
June 2nd, 2017 | Comments Off on Quintin’s Close-Ups: There’s an app for that [Source: Charleston City Paper] -
Paragon Construction Introduces a Mobile App to Improve its Work Safety Programs
April 7th, 2017 | Comments Off on Paragon Construction Introduces a Mobile App to Improve its Work Safety Programs