Facebook has announced that it will buy the international text messaging application What’sApp for $16 billion in cash plus $3 billion worth of Facebook stock. Now, Facebook already has its own message app with Facebook Messenger. So, what does Faceboo want with WhatsApp?
Tag: acquire
Google has gobbled up restaurant review outfit Zagat, in their latest Pacman-like gobbling juggernaut. Since June 1st of this year, Google has acquired no fewer than PostRank, Admeld, SageTV, Punchd, Fridge, PittPatt, Dealmap, Motorola Mobility (if approved), Zave Networks, and, now, Zagat. In fact, Zagat will be Google’s 20th acquisition this year, and they still have three and a half months to go. And Zagat is the 102nd company acquired by Google in the past 8 years, with half of those acquisitions occuring in just the past two years!
Why yes, we did, not two weeks ago, tell you of a possible T-Mobile merger with Sprint Nextel. However, it seems that AT&T had other ideas, and has made a flat-out aquisition bid for T-Mobile USA, to the tune of $39 billion. You just know that the resulting love child – IF the deal is allowed to go through, as it creates one hell of a monopoly – will have to be called, even if not officially, AT&T&T-Mobile, or, just, AT&T&T.