Febru\u00adary 19, 2014<\/p>\n
MENLO<\/span> PARK<\/span>, CALIF<\/span>. \u2013 Febru\u00adary 19, 2014 \u2013 Face\u00adbook today announ\u00adced that it has rea\u00adched a defi\u00adni\u00adti\u00adve agree\u00adment to acqui\u00adre Whats\u00adApp, a rapidly gro\u00adwing cross-plat\u00adform mobi\u00adle mes\u00adsa\u00adging com\u00adpa\u00adny, for a total of appro\u00adxi\u00adm\u00adate\u00adly $16 bil\u00adli\u00adon, inclu\u00adding $4 bil\u00adli\u00adon in cash and appro\u00adxi\u00adm\u00adate\u00adly $12 bil\u00adli\u00adon worth of Face\u00adbook shares. The agree\u00adment also pro\u00advi\u00addes for an addi\u00adtio\u00adnal $3 bil\u00adli\u00adon in rest\u00adric\u00adted stock units to be gran\u00adted to WhatsApp\u2019s foun\u00adders and employees that will vest over four years sub\u00adse\u00adquent to closing.<\/p>\n Whats\u00adApp has built a lea\u00adding and rapidly gro\u00adwing real-time mobi\u00adle mes\u00adsa\u00adging ser\u00advice, with:<\/p>\n The acqui\u00adsi\u00adti\u00adon sup\u00adports Face\u00adbook and WhatsApp\u2019s shared mis\u00adsi\u00adon to bring more con\u00adnec\u00adti\u00advi\u00adty and uti\u00adli\u00adty to the world by deli\u00adve\u00adring core inter\u00adnet ser\u00advices effi\u00adci\u00adent\u00adly and afford\u00ada\u00adb\u00adly. The com\u00adbi\u00adna\u00adti\u00adon will help acce\u00adle\u00adra\u00adte growth and user enga\u00adge\u00adment across both companies.<\/p>\n \u201c<\/span>Whats\u00adApp is on a path to con\u00adnect 1 bil\u00adli\u00adon peo\u00adp\u00adle. The ser\u00advices that reach that mile\u00adstone are all incre\u00addi\u00adbly valuable,\u201d said Mark Zucker\u00adberg, Face\u00adbook foun\u00adder and CEO<\/span>. \u201cI\u2019ve known Jan for a long time and I\u2019m exci\u00adted to part\u00adner with him and his team to make the world more open and connected.\u201d<\/p>\n Jan Koum, Whats\u00adApp co-foun\u00adder and CEO<\/span>, said, \u201cWhatsApp\u2019s extre\u00adme\u00adly high user enga\u00adge\u00adment and rapid growth are dri\u00adven by the simp\u00adle, powerful and instanta\u00adneous mes\u00adsa\u00adging capa\u00adbi\u00adli\u00adties we pro\u00advi\u00adde. We\u2019\u00adre exci\u00adted and hono\u00adred to part\u00adner with Mark and Face\u00adbook as we con\u00adti\u00adnue to bring our pro\u00adduct to more peo\u00adp\u00adle around the world.\u201d<\/p>\n Face\u00adbook fos\u00adters an envi\u00adron\u00adment whe\u00adre inde\u00adpen\u00addent-min\u00added entre\u00adpre\u00adneurs can build com\u00adpa\u00adnies, set their own direc\u00adtion and focus on growth while also bene\u00adfiting from Facebook\u2019s exper\u00adti\u00adse, resour\u00adces and sca\u00adle. This approach is working well with Insta\u00adgram, and Whats\u00adApp will ope\u00adra\u00adte in this man\u00adner. WhatsApp\u2019s brand will be main\u00adtai\u00adned; its head\u00adquar\u00adters will remain in Moun\u00adtain View, CA<\/span>; Jan Koum will join Facebook\u2019s Board of Direc\u00adtors; and WhatsApp\u2019s core mes\u00adsa\u00adging pro\u00adduct and Facebook\u2019s exis\u00adting Mes\u00adsen\u00adger app will con\u00adti\u00adnue to ope\u00adra\u00adte as stan\u00adda\u00adlo\u00adne applications.<\/p>\n Upon clo\u00adsing of the deal, all out\u00adstan\u00adding shares of Whats\u00adApp capi\u00adtal stock and opti\u00adons to purcha\u00adse Whats\u00adApp capi\u00adtal stock will be can\u00adcel\u00adled in exch\u00adan\u00adge for $4 bil\u00adli\u00adon in cash and 183,865,778 shares of Face\u00adbook Class A com\u00admon stock (worth $12 bil\u00adli\u00adon based on the avera\u00adge clo\u00adsing pri\u00adce of the six tra\u00adding days pre\u00adce\u00adding Febru\u00adary 18, 2014 of $65.2650 per share). In addi\u00adti\u00adon, upon clo\u00adsing, Face\u00adbook will grant 45,966,444 rest\u00adric\u00adted stock units to Whats\u00adApp employees (worth $3 bil\u00adli\u00adon based on the avera\u00adge clo\u00adsing pri\u00adce of the six tra\u00adding days pre\u00adce\u00adding Febru\u00adary 18, 2014 of $65.2650 per share). As of Febru\u00adary 17, 2014, Face\u00adbook had 2,551,654,996 Class A and B shares out\u00adstan\u00adding plus appro\u00adxi\u00adm\u00adate\u00adly 139 mil\u00adli\u00adon dilu\u00adti\u00adve secu\u00adri\u00adties pri\u00adma\u00adri\u00adly con\u00adsis\u00adting of unves\u00adted RSUs. The Class A com\u00admon stock and RSUs issued to Whats\u00adApp share\u00adhol\u00adders and employees upon clo\u00adsing will repre\u00adsent 7.9% of Face\u00adbook shares based on cur\u00adrent shares and RSUs outstanding.<\/p>\n In the event of ter\u00admi\u00adna\u00adti\u00adon of the Mer\u00adger Agree\u00adment under cer\u00adtain cir\u00adcum\u00ads\u00adtances prin\u00adci\u00adpal\u00adly rela\u00adted to a fail\u00adure to obtain requi\u00adred regu\u00adla\u00adto\u00adry appr\u00adovals, the Mer\u00adger Agree\u00adment pro\u00advi\u00addes for Face\u00adbook to pay Whats\u00adApp a fee of $1 bil\u00adli\u00adon in cash and to issue to Whats\u00adApp a num\u00adber of shares of Facebook\u2019s Class A com\u00admon stock equal to $1 bil\u00adli\u00adon based on the avera\u00adge clo\u00adsing pri\u00adce of the ten tra\u00adding days pre\u00adce\u00adding such ter\u00admi\u00adna\u00adti\u00adon date.<\/p>\n Face\u00adbook was advi\u00adsed by Allen &<\/span> Com\u00adpa\u00adny LLC<\/span> and Weil, Gotshal &<\/span> Man\u00adges LLP<\/span>; and Whats\u00adApp was advi\u00adsed by Mor\u00adgan Stan\u00adley and Fen\u00adwick &<\/span> West, LLP<\/span>.<\/p>\n Web\u00adcast and Con\u00adfe\u00adrence Call Information<\/b><\/p>\n Face\u00adbook will host a 30-minu\u00adte con\u00adfe\u00adrence call to dis\u00adcuss the acqui\u00adsi\u00adti\u00adon at 3:00 pm PT<\/span> \/ 6:00pm ET<\/span> today. The dial-in num\u00adber for the call is (866) 751\u20113284 (toll free) and (973) 935\u20118772 (inter\u00adna\u00adtio\u00adnal), con\u00adfe\u00adrence ID<\/span>: 2907041. The live web\u00adcast of the call can be acces\u00adsed at the Face\u00adbook Inves\u00adtor Rela\u00adti\u00adons web\u00adsite at investor.fb.com<\/a>. Face\u00adbook uses the web\u00adsite http:\/\/investor.fb.com<\/a> as a means of dis\u00adclo\u00adsing mate\u00adri\u00adal non-public infor\u00adma\u00adti\u00adon and for com\u00adply\u00ading with its dis\u00adclo\u00adsure obli\u00adga\u00adti\u00adons under Regu\u00adla\u00adti\u00adon FD<\/span>.<\/p>\n Fol\u00adlo\u00adwing the call, a replay will be available at the same web\u00adsite. A tele\u00adpho\u00adnic replay will be available for one week fol\u00adlo\u00adwing the con\u00adfe\u00adrence call at (855) 859\u20112056 or (404) 537\u20113406, con\u00adfe\u00adrence ID<\/span> 2907041.<\/p>\n About Face\u00adbook<\/b><\/span><\/p>\n Facebook\u2019s mis\u00adsi\u00adon is to give peo\u00adp\u00adle the power to share and make the world more open and con\u00adnec\u00adted. Peo\u00adp\u00adle use Face\u00adbook to stay con\u00adnec\u00adted with fri\u00adends and fami\u00adly, to dis\u00adco\u00adver what\u2019s going on in the world, and to share and express what mat\u00adters to them.<\/span><\/p>\n About Whats\u00adApp<\/b><\/span><\/p>\n Whats\u00adApp is a per\u00adso\u00adnal real-time mes\u00adsa\u00adging net\u00adwork allo\u00adwing mil\u00adli\u00adons of peo\u00adp\u00adle around the world to stay con\u00adnec\u00adted with their fri\u00adends and family.<\/span><\/p>\n For\u00adward Loo\u00adking Statements<\/b><\/span> MENLO<\/span> PARK<\/span>, CALIF<\/span>. \u2013 Febru\u00adary 19, 2014 \u2013 Face\u00adbook today announ\u00adced that it has rea\u00adched a defi\u00adni\u00adti\u00adve agree\u00adment to acqui\u00adre Whats\u00adApp, a rapidly gro\u00adwing cross-plat\u00adform mobi\u00adle mes\u00adsa\u00adging com\u00adpa\u00adny, for a total of appro\u00adxi\u00adm\u00adate\u00adly $16 bil\u00adli\u00adon, inclu\u00adding $4 bil\u00adli\u00adon in cash and appro\u00adxi\u00adm\u00adate\u00adly $12 bil\u00adli\u00adon worth of Face\u00adbook shares. (\u2026) Wei\u00adter\u00adle\u00adsen \u00bb<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-8400","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/8400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=8400"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/8400\/revisions"}],"predecessor-version":[{"id":8401,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/8400\/revisions\/8401"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=8400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=8400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=8400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\nThis press release may be dee\u00admed to con\u00adtain for\u00adward-loo\u00adking state\u00adments, which are sub\u00adject to the safe har\u00adbor pro\u00advi\u00adsi\u00adons of the Pri\u00adva\u00adte Secu\u00adri\u00adties Liti\u00adga\u00adti\u00adon Reform Act of 1995, inclu\u00adding the expec\u00adted com\u00adple\u00adti\u00adon of the acqui\u00adsi\u00adti\u00adon, the time frame in which this will occur, the expec\u00adted bene\u00adfits to Face\u00adbook and Whats\u00adApp from com\u00adple\u00adting the acqui\u00adsi\u00adti\u00adon, and the expec\u00adted finan\u00adcial per\u00adfor\u00admance of Face\u00adbook fol\u00adlo\u00adwing com\u00adple\u00adti\u00adon of the acqui\u00adsi\u00adti\u00adon. State\u00adments regar\u00adding future events are based on the par\u00adties\u2019 cur\u00adrent expec\u00adta\u00adti\u00adons and are neces\u00ads\u00ada\u00adri\u00adly sub\u00adject to asso\u00adcia\u00adted risks rela\u00adted to, among other things, regu\u00adla\u00adto\u00adry appr\u00adoval of the pro\u00adpo\u00adsed acqui\u00adsi\u00adti\u00adon or that other con\u00addi\u00adti\u00adons to the clo\u00adsing of the deal may not be satis\u00adfied, the poten\u00adti\u00adal impact on the busi\u00adness of Whats\u00adApp due to the announce\u00adment of the acqui\u00adsi\u00adti\u00adon, the occur\u00adrence of any event, chan\u00adge or other cir\u00adcum\u00ads\u00adtances that could give rise to the ter\u00admi\u00adna\u00adti\u00adon of the defi\u00adni\u00adti\u00adve agree\u00adment, and gene\u00adral eco\u00adno\u00admic con\u00addi\u00adti\u00adons. The\u00adr\u00ade\u00adfo\u00adre, actu\u00adal results may dif\u00adfer mate\u00adri\u00adal\u00adly and adver\u00adse\u00adly from tho\u00adse expres\u00adsed in any for\u00adward-loo\u00adking state\u00adments. For infor\u00adma\u00adti\u00adon regar\u00adding other rela\u00adted risks, see the \u201cRisk Fac\u00adtors\u201d sec\u00adtion of Facebook\u2019s Annu\u00adal Report on Form 10\u2011K for 2013. The for\u00adward-loo\u00adking state\u00adments included her\u00adein are made only as of the date hereof, and neither par\u00adty under\u00adta\u00adkes an obli\u00adga\u00adti\u00adon to revi\u00adse or update any for\u00adward-loo\u00adking state\u00adments for any reason.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"