Facebook has time and again maintained that mobile will be an important
part of its future growth strategy
and it seems that the social networking company will be taking the
M&A (Merger &Acquisition) route to proceed in that direction. (Update
: Both companies have denied the reports
According to a report in Techcrunch Facebook is in talks to acquire
popular messaging app Whatsapp.
multiplatform mobile messaging app that has been one of the runaway
success stories for ad-free, paid services, has been in talks to be
acquired by Facebook, according to sources close to the matter.
still digging around on potential price and other details about how
advanced the deal is. But as mobile becomes the latest battleground in
the Internet's game of thrones, you can see how such a deal could make
Whatsapp is a multi-platform messaging
app that providers users an easy way to share text messages, pictures,
videos and other files. It is available in over 100 countries and, as
per stats revealed by the company in October 2011, used to send over one
billion messages a day. In August 2012, the company declared that it had
set a new daily record with 4 billion inbound messages and 6 billion
outbound messages, recording an astounding 10 billion total messages in a
Facebook, on the other hand, has over one billion active users.
The social networking company had acquired photo-sharing company Instagram for $ 1 billion in its most high profile acquisition till date.