Introduction
Facebook.com made their biggest acquisition with popular IM (internet messaging) service WhatsApp for $19 billion ($4billion in cash, $12 billion in Facebook stock and $3 billion in future stock). This deal is a behemoth in comparison to their past purchase of Instagram in 2012 worth $1 billion. This paper will argue over this acquisition and its viability through analyzing the pros and cons for Facebook through this acquisition. Considering everything, the main argument here is if this deal is a ploy to acquire the competition or it is an attempt to diversify into new markets. WhatsApp service allows users to send ...