Monday, April 8, 2013

Google to Buy WhatsApp for $1 Billion


Mountain View – Google is reportedly looking to buy the popular messaging service WhatsApp for a price, which is somewhere near the $1 billion mark.
Sources close to the matter have informed Digital Trends that Google is pulling all strings it can to acquire the messaging service but, theWhatsApp team is ‘playing hardball’. There were reports earlier that Google approached theWhatsApp team last December; around the same time when Facebook had been looking to buy themessaging service.
The reason Google is going gaga over WhatsAppis probably the idea of unifying its services that are completely disparate at the moment – Google Talk, Google Voice, Google Hangouts and the likes. It was rumoured earlier that Google has been working on a project dubbed Babble – some sort of message service and if manages to acquire WhatsApp, it will have at its disposal a strong team just like it managed to gain through its Sparrow acquisition.
WhatsApp has been downloaded tens of millions of times across different mobile platforms like Android, BlackBerry, Windows Phone, and Apple’s iOS. Last New Year’s eve, the service saw transmission of a total of 18 billion messages.
Considering that WhatsApp doesn’t charge a whole lot for its app – just $1 for a yearly subscription, the service has been pulling in nearly $100 million in revenue, sources told Digital Trends.

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