Google could buy WhatsApp for $ 1 billion

According to Technology website Digital Trends, Google is currently in negotiations to buy popular instant messaging service WhatsApp. Citing an insode source, Digital Trends said that a deal between Google and WhatsApp has been in works for the past four to five weeks with the acquisition price said to go as high as as $1 billion.

The instant messenger has made a name for itself as the most-used mobile app in many countries, letting users send messages and multimedia files to each other at a fraction of the cost of an SMS.

In January, WhatsApp announced that it had set a personal record on New Year’s Eve, with 7 billion inbound messages sent that day. Another 11 billion outbound messages were sent in the same time period. WhatsApp’s previous one-day record stood at 10 billion total messages.

The service is available on a variety of platforms, such as Android, iOS, Windows Phone, BlackBerry, Symbian, among others

It won’t be the first time that a possible buyout of WhatsApp has been rumored. In 2012, there were reports that Facebook was in talks to acquire the service but nothing happened.

If the acquisition is successful, WhatsApp will join the ranks of Google’s high-profile buyouts like YouTube and Android.

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Written by Regina Timothy

Editor of TechNews Report. Loves all things technology

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