Friday 21 February 2014

WhatsApp Deal Dwarfs Other High Profile Tech

Facebook announced Wednesday that it will acquire popular messaging app WhatsApp for $16 billion ($19 billion, if you include restricted stock units for the WhatsApp staff).

It's hard to believe that only two years ago, the social network acquired Instagram for a then-shocking $1 billion. How times (and dollars) have changed.

The following chart, created by Statista, compares Facebook's most recent acquisition with other relatively recent, high-profile deals, such as Google's purchase of Nest and Microsoft's acquisition of Skype.

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