Rumor: Facebook to Acquire WhatsApp

Rumor-mill is churning… saying that Facebook is looking to acquire WhatsApp

According to TechCrunch, the fast growing messaging app, WhatsApp “has been in talks to be acquired by Facebook, according to sources close to the matter.”Whatsapp founders

WhatsApp has users in over a hundred countries covering 750 mobile networks, on the iOS, Android, BlackBerry, Nokia S40, Symbian and Windows Phone platforms. Sure,  the app doesn’t let you make free calls or any calls for that matter, but you can see why Facebook would be interested in buying the company.

Brian Action, the CEO of WhatsApp has  not replied with a comment, nor has Facebook for that matter.

And, as a paid app, WhatsApp is doing very well. It’s currently the No. 2 paid app in Apple’s App Store (U.S. version), where it sells for $0.99. On Google’s Play Android store, it is free for the first year, and then $0.99 per year thereafter. Google has also indicated that the Android app has had between 100 million and 500 million installs to date. Moreover the app is looking for translators in Arabic, Danish, Dutch, Farsi, Filipino, Finnish, French, German, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Norwegian, Polish, Portuguese (Brazil), Russian, Simplified Chinese, Spanish, Swedish, Thai, Traditional Chinese, Turkish, Urdu, “and many more languages.”

WhatsApp co-founder Jan Koum has been public about his distaste for startups that sell out quickly. “Totally agree with Vinod Khosla,” he wrote in July. “People starting companies for a quick sale are a disgrace to the valley.”

So we wait, till the final word is out, I will update this blog once an update is issued.

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