Google to acquire WhatsApp for $1 billion?

The latest buzz suggests that search engine giant Google is negotiating with mobile messenger WhatsApp to acquire it at a price nearly $1 billion.

Last year it was rumoured that Facebook will acquire WhatsApp, but later it was confirmed that the Facebook was no longer interested.

CNN-IBN quoted a report which says, “Google can’t afford the time to rebrand and rebuild a competitive messaging app at the risk of entering the game too late – or, it needs to be able to work off the platform WhatsApp has already established and use this technology (and sensically, the user base) to fill out the purported Babble.”

WhatsApp Messenger is a instant messaging application for smartphones. California based WhatsApp was started by Brian Acton and Jan Koum in 2009 and WhatsApp handles ten billion messages per day.

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