Why Facebook Agreed To Buy Whatsapp

In the long run, the real reason why largest
social network, Facebook agreed to buy
messaging app, Whatsapp has been revealed.
Stakeholders think Whatsapp with over 450
million members, has grown to become a
threat .
Facebook agreed to pay a whooping sum of $19
billion in cash and stock, for Whatsapp in other
to expand its reach among users on mobile
devices.
The purchase would be the biggest Internet deal
since Time Warner’s $124 billion merger with
AOL in 2001, according to data compiled by
Bloomberg. The accord includes $12 billion in
stock, $4 billion in cash and $3 billion in
restricted shares, Facebook said yesterday in a
statement . WhatsApp has more than 450
million members, with 1 million users being
added daily, Facebook said.