The social networking giant Facebook has closed the acquisition of the mobile messaging service WhatsApp for Monday end price of 21.800 million (17.225 million euros), almost 3,000 million (2,370 million euros) over the agreed sum when the operation was announced last February . This increase is mainly due to the revaluation of Facebook shares so far this year, the market value has risen 42% since January as Facebook paid more than half the amount WhatsApp for purchasing shares.
The Commission concluded that American Facebook Messenger and WhatsApp are not close competitors Facebook confirmed the closing of the transaction in a document submitted to the Securities and Exchange Commission of the United States. In that document, detailing that the sale was closed because of 177,760,669 shares of Facebook and 4,590 million in cash plus the delivery of 45,941,775 of actions “restricted” employees WhatsApp.
The co-founder and CEO, WhatsApp, Jan Koum, passed join the board of Facebook .
The closing of the transaction It announced in February comes after last Friday it would receive the support of the European Commission (EC), which determined that, despite the acquisition, citizens continue to have alternatives in mobile messaging offered by other companies and therefore not an anti-competitive situation is created in the sector.
“The Commission concluded that the US WhatsApp Messenger and Facebook are not close competitors and that consumers continue to have a wide variety of alternative communications applications after the transaction, “the institution said in a statement. Both Facebook through Facebook Messenger service like WhatsApp, allow smartphone users to install their applications communicate by sending messages text, picture, voice and video.
Meanwhile, the operation had already received approval from the authorities on the jurisdiction of the United States in April.
Founded in 2009 by Jan Koum and Brian Acton and headquartered in Mountain View company WhatsApp Inc. owns the mobile messaging service most used in the world, with 600 million users is positioned ahead of the Chinese and Japanese WeChat LINE.
No comments:
Post a Comment