In February 2014, Facebook CEO Mark Zuckerberg announced that his company would acquire WhatsApp, a popular mobile messaging app. The deal was worth an incredible $19 billion and marked one of the largest acquisitions in technology history. It also gave Facebook instant access to WhatsApp’s 450 million users and allowed them to continue their growth into the future.
WhatsApp was founded in 2009 by Jan Koum and Brian Acton, two ex-Yahoo! employees who had identified a gap in the market for an easy-to-use messaging service which could be used on any smartphone. Their app quickly rose to popularity due to its simple design and user-friendly features, and by 2014 it had amassed 450 million users worldwide.
Facebook recognized the potential of WhatsApp as a valuable asset for their business model and negotiated a deal with Koum and Acton in early 2014.
The two sides agreed on a cash-and-stock agreement which included $4 billion in cash, $12 billion worth of Facebook shares and an additional $3 billion in restricted stock units. In addition, the acquisition also included a retention bonus of $3 billion for Koum and Acton.
The acquisition drew criticism from some analysts who argued that it was too expensive for Facebook but nonetheless, Zuckerberg remained committed to the deal and it officially closed on October 6, 2014 – making it one of the largest technology buyouts ever seen.
Since then, WhatsApp has continued to grow its user base and now has 1.5 billion monthly active users – making it one of the most successful acquisitions in history. It has allowed Facebook to further expand its reach across multiple platforms, giving them access to new markets around the world.
Conclusion:
When Did Zuckerberg Buy WhatsApp? Mark Zuckerberg announced his intent to purchase WhatsApp in February 2014, with the deal officially closing on October 6th of that year for a total cost of 19 billion dollars – one of the largest technology buyouts ever seen at that time. Since then, WhatsApp has become an incredibly successful asset for Facebook’s business model with more than 1.5 billion monthly active users worldwide.
7 Related Question Answers Found
In 2014, Facebook CEO Mark Zuckerberg made international headlines when he acquired the popular messaging application WhatsApp for an unprecedented $19 billion. The acquisition was seen as a major step forward for Facebook, which had been struggling to compete in the rapidly evolving world of mobile communication. But did Zuckerberg actually buy WhatsApp?
Mark Zuckerberg’s purchase of WhatsApp in 2014 was certainly one of the most talked-about acquisitions in tech history. The $19 billion deal made headlines around the world and sparked a great deal of debate about the future of the messaging app. But how much did Mark Zuckerberg actually pay for WhatsApp?
Mark Zuckerberg’s sale of WhatsApp to Facebook in 2014 was one of the most lucrative technology acquisitions in history. The deal was worth an astounding $19 billion, and it has made Zuckerberg one of the wealthiest tech entrepreneurs in the world. The acquisition was a huge win for both companies, as it gave Facebook access to WhatsApp’s massive user base, which had grown to 600 million active users in just four years.
In 2014, Mark Zuckerberg, CEO of Facebook Inc., bought the messaging app WhatsApp for an astounding $19 billion. At the time, it was the largest acquisition in Facebook’s history and one of the largest acquisitions in US tech industry history. The purchase raised eyebrows across the tech world, as many questioned why Zuckerberg would pay such a hefty sum for an app with no revenue stream.
Facebook’s acquisition of WhatsApp for a staggering $19 billion in 2014 was one of the largest tech acquisitions in recent times. The deal, which was announced on February 19th, was immediately met with surprise and shock from industry analysts, who had not anticipated such a move from Facebook. WhatsApp, founded by Jan Koum and Brian Acton in 2009, had become one of the most popular messaging services around the world.
Mark Zuckerberg, the man behind the social media giant, Facebook, was at the forefront of revolutionizing communication when he purchased WhatsApp in 2014. The messaging service has since become one of the most popular applications in the world, with over two billion users. Zuckerberg’s decision to buy WhatsApp was a strategic move that allowed Facebook to expand its reach into mobile messaging and gain access to a new market.
In February 2014, it was announced that Mark Zuckerberg, the founder and CEO of Facebook, had purchased the popular messaging platform WhatsApp for a whopping $19 billion. This news came as a shock to many people, especially those in the tech industry, as it was one of the largest acquisitions in tech history. WhatsApp had gained immense popularity since its launch in 2009.
