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Tuesday, June 25, 2024

Too Bad! Google Offered $10 Billion For WhatsApp, Facebook Won For $19 Billlion

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Facebook is purchasing WhatsApp for $19 billion, but at least one other big tech firm was also vying for the mobile-messaging service’s attention: Google.

Fortune’s Jessi Hempel, citing unnamed sources, reports that Google made a $10 billion bid to buy WhatsApp. Google declined to comment.

In addition to the considerably higher purchase price from Facebook, a key difference between the two offers is that Facebook’s came with the promise of a seat on its board.

[Hattip to FORTUNE, Time]

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