Facebook's $19 BN WhatsApp Acquisition – A Real Deal Shocker!

The popular social networking site, Facebook made a shocking revelation, as it announced its plan to buy WhatsApp for a whopping $19bn (£11.4bn). This deal is Facebook’s biggest acquisition, till date. The deal is even bigger than the last year deal, where Facebook bought Instagram (the photo-sharing app) amounting to $1bn. According to the new deal, Facebook will be paying a mix of cash and stocks to the popular messaging services wherein $4bn (£2.4bn) will be paid in cash and around $12bn (£9bn) will be in the form of Facebook shares. 

Besides this, all the WhatsApp's founders and employees, that is, 55 in total – will be provided with stocks worth $3 billion that will entrusted after four years following the closing of the deal. In a statement made by Facebook – WhatsApp will carry on functioning independently and will keep hold of its brand, in spite of the acquisition.

This deal is the biggest buyout than Microsoft, Google and Apple Inc. deals.

Is the Deal Worthy?

WhatsApp boasts more than 450 million users and is showing no signs of stopping and is rather experiencing a phase of explosive growth. According to The Guardian – the company is believed to engage million new users with each passing day. Besides, the messaging service users are assumed to be devoted, with over 70 percent of users utilizing the service on a daily basis.

In a statement made by Facebook founder and CEO – Zuckerberg, "WhatsApp is on a path to connect 1 billion people - it is a milestone that the company is believed to reach which is incredibly valuable". Adding to it, Zuckerberg further said that “I've known WhatsApp founder Jan Koum, since a long time and is equally excited to becoming a partner with him and his team to make the world more open and connected."

Purpose behind Facebook to Make This Deal

The deal made by Facebook is intended for its audience, mainly the teenagers and younger age groups who are using the WhatsApp messaging service to carry out online conversations outside Facebook. Not only the young adults, but the messaging app has also become a hangout for people of all ages.

However, the deal is mainly to attract younger users who are always keen to take up something ephemeral that change with time. And the deal made by Facebook is definitely going to help it fulfill its aim.

The buyout does make sense as Facebook looks forward to lure around additional one billion users whilst keeping its current 1.23 billion users, majorly comprising of teens. The social networking site said that in future it will be developing a “multi-app'' strategy. With help of such strategy the company aims at building its own applications that will be present outside the social networking site and will be obtaining others.

What Could be the Cons?

Well, you might be forced to join the social networking site – Facebook. But, not all uses Facebook, which also includes a lot of WhatsApp users. We might could face a situations wherein in order to use WhatsApp, users might have to login in to Facebook. 

Yii Framework: A versatile and excellent framework enhancing business productivity

Being a developer, you might have come across a plethora of open source frameworks as well as for developing the web applications. There is always been a key issue that restricts the pace of development. Basically, the professionals have worked on a huge number of business applications that might have based on CRUD operations and to a certain extent; this might have also included repetitive tasks. So, in order to overcome all these issues, Yii Framework can be employed which fits the best for swift application development.

Yii is also an emerging framework that refers a huge network of frameworks that comes out with the amazing and powerful tool bestowing component based model, database abstraction layers, event driven programming and modular application architecture that is adopted from Prado framework.

Yii leveraging business benefits:

• Amazing amendment within the performance of developed applications.
• Products developed at Yii framework are tremendously maintainable, efficient, robust, scalable and extensible.
• Excellent extensions can be availed as a result of which testing efforts has been diminished as the reinvention of wheel.
• This framework will eliminate the huge team size that is basically required for the positive execution of project which usually occurs because of gigantic automation offered by the Gii Module.
• Infrastructure of the development at this platform is reduced, thus the overall cost will also be low.

Sterling technical benefits:

• The strategy is highly efficient, clean as well as robust that is capable of supporting the huge storage mediums such as ‘memcache’ offered by Yii framework that also improved the performance of the application developed.
• The approach to develop the components and extensions is very facile.
• Developing modules on this framework is also a “piece of cake”.
• Ease in configuration for all the applications starting from the initial point.
  
  

This is not the limit instead there is a lot of amazing and outstanding leverages that are not only beneficial to the business, but are also beneficial to other industries as well.