The 19 billion dollar acquisition of the messaging service WhatsApp by Facebook in Europe is nothing in the way. Brussels gave the green light for the mega deal. It is the largest acquisition in the ten year history of the Zuckerberg empire.
The European Commission Facebook has given the green light for the multi-billion dollar purchase of short messaging service WhatsApp. The acquisition complied with the EU rules, because Facebook Messenger and WhatsApp are not close competitors, shared the top European competition authorities in Brussels on Friday with. “Consumers are still a wide range of other communication services have,” EU Competition Commissioner Joaquin Almunia justified the decision in Brussels.
acquisition cost $ 19 billion
It is the largest acquisition in the ten year history of the world’s largest Internet network. With the acquisition, Facebook wants to have a presence in the fast growing area with messaging services and appeal to younger people.
Facebook WhatsApp had taken for a total of 19 billion dollars (15 billion euros). Worldwide use according to EU figures 600 million people regularly as short messaging service WhatsApp, Facebook Messenger come to 300 million users. Of the US-overseers Facebook had received approval for the purchase in April, but the agency warned strict compliance with the Data Protection promise to
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