10 Biggest Tech Acquisitions in History

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4. Facebook buys WhatsApp – $21.8 billion

Although it was originally announced that Facebook would be buying messaging app WhatsApp for $19 billion, the price increased by the time the deal was closed due to the rise in valuation of Facebook’s stocks.

The 2014 landmark deal came as a bit of a surprise at the time, especially since smartphone messaging and Facebook don’t necessarily cross paths, since the social network has its own messaging system. The massive price was also a surprise, especially since many wondered whether Facebook could make a profit off of WhatsApp, an app that features no ads and that’s free to use for the first year only to be sold for a few bucks for the next few years.

Even so, Mark Zuckerberg is confident that everything will fare out well for him in the long run.

smartphone apps 10 Biggest Tech Acquisitions in History

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