Facebook gets WhatsApp for $19 billion

In one of the biggest deals in the internet history, Facebook has approved a sum of $19 billion for the acquisition of WhatsApp – the popular mobile messaging app. WhatsApp has been founded by Brian Acton and Jan Koum and has its headquarters based in Mountain View, California.

It has been one of the biggest takeovers in the industry. Both are the big players – Facebook is the largest social networking site, whereas WhatsApp is extremely popular and its popularity is only increasing with each passing day.

It is estimated that there are at least one million members who are signing up for WhatsApp on a daily basis. The app is especially popular in most parts of Europe. The app allows sending and receiving of messages on various operating systems like Windows Phone, iOS and of course Android along with BlackBerry.

You are allowed to use WhatsApp totally free for the first year after you sign up. After the end of the first year, there is a nominal charge of just 99 cents each year later on.

The app was founded by Jan Koum and Brian Acton. The idea behind developing the app was to make it feasible for the Smartphone users to send messages without having to incur any extra fees for the service providers. According to Mr. Jan Koum’s statement on the web site of the company, the app will continue to be autonomous and keep operating independently.