The Hubble Space Telescope, an Aircraft Carrier or 2.2 billion toilet brushes are just a few things that Facebook could got for the $19 billion they spent on the acquisition of mobile messaging service WhatsApp.
The acquisition is the second largest in recent tech history, falling short only to Hewlett-Packard’s purchase of Compaq in 2001 for the grand sum of $25 billion.
But why WhatsApp? It does, of course, provide Facebook with the opportunity to break into the telecommunication industry and the chance to save face after their own attempt, Facebook Poke, turned out to be a massive flop.
Here’s everything you need to know about the rise of the messaging service that’s making all the headlines.