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Facebook is Now Officially owns WhatsApp Inc.

6 October, 2014 Technology

Facebook WhatsApp

 

This sure took a while, but Facebook is now officially the owner of WhatsApp Inc. The social network agreed to buy the mobile messaging service on February 20, shocking the tech world by offering $19 billion for that privilege.

 

All the regulatory hurdles have now been cleared, so WhatsApp is finally part of Facebook.

 

US regulators moved pretty fast, approving the deal back in April. However, the European Commission only announced its positive vote on the matter last Friday. That was apparently the last approval Facebook needed, as the deal has now closed.

 

 

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