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."
, The Information