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  • Google Made Low-Ball Offer to WhatsApp Before Facebook Deal Was Done


    On Wednesday, Mark Zuckerberg confirmed Facebook's whopping $16 billion acquisition of WhatsApp, the mobile messaging giant that now finds itself part of the world's largest social network.

    But fewer than 24 hours removed from the announcement we're hearing rumblings about the other interested parties that courted WhatsApp before the deal with Facebook was done. Although we don't know how seriously Apple ever considered purchasing WhatsApp (assuming the company even seriously considered such a move in the first place), no shortage of industry watchers think it was a missed opportunity for the iDevice maker to corner the mobile messaging market.

    Jon Najarian of optionMONSTER says “Apple has the equivalent of a stealth bomber, and they’re sitting there using slingshots to do what they’re doing [in terms of acquisitions]. They should have been in here, knocking on the door [of WhatsApp]."

    Someone who was knocking at the door was Google. According to published reports Thursday, Google made a somewhat lowball pitch, offering just $10 billion to acquire WhatsApp. Oddly enough, however, The Information reports today that Google was willing to actually pay WhatsApp for notifications of other potential acquisition offers proposed to WhatsApp during their negotiations.

    "The search giant offered to pay the messaging service a fee to be notified of any other interested parties making offers," says Sean P. Aune of TechnoBuffalo. "Apparently Google was so interested in purchasing the company that it was willing to pay for the right to make a counter offer should it become necessary. Apparently WhatsApp declined to enter into the unusual arrangement and the rest, as they say, is now history."

    Sources: TechnoBuffalo, The Information
    This article was originally published in forum thread: Google Made Low-Ball Offer to WhatsApp Before Facebook Deal Was Done started by Michael Essany View original post
    Comments 6 Comments
    1. Jahooba's Avatar
      Jahooba -
      How on Earth is WhatsApp worth $16 Billion?
    1. peacedog's Avatar
      peacedog -
      Quote Originally Posted by Jahooba View Post
      How on Earth is WhatsApp worth $16 Billion?
      Essentially they are buying the users at $35 a pop.
    1. tongxinshe's Avatar
      tongxinshe -
      I did download WhatsApp, but later found out that to be useless to me. So I am counted into that 450M users, but I don't think I am really a user of it.
    1. kalpesh78's Avatar
      kalpesh78 -
      Quote Originally Posted by tongxinshe View Post
      I did download WhatsApp, but later found out that to be useless to me. So I am counted into that 450M users, but I don't think I am really a user of it.
      Ok. only 10$ for you :P
    1. Googly2moogly's Avatar
      Googly2moogly -
      Been using whatsapp for about two years and love it. Able to stay in touch with friends and family around the globe. I hate facebook for privacy reasons and now will drop whatsapp also for that reason. Mofos!
    1. politicalslug's Avatar
      politicalslug -
      Why would Apple be interested in buying a $19 billion multiplatform app? I seriously doubt that $19 billion, paid directly to Apple in cash, would be enough money to motivate them to support any app for the Android platform. The "analysts" quoted here clearly have no idea what they are talking about. And while Google and Facebook hope to monetize platforms like this via ads, Apple is strictly a hardware company, and all the software they put out is only to support hardware sales. This type of multiplatform app certainly does nothing to spur iPhone or Mac sales, so why would they bother?