Today’s post comes from Webs’ Lead Analyst, Alex Mitchell.
In the past year, you may have noticed that acquisitions by the Tech Giants have really picked up. These acquisitions by Apple, Amazon, Google, Yahoo, and Facebook are usually made for several key reasons: Talent, Technology, and/or Customers.
Facebook’s monumental acquisition of mobile-messaging service WhatsApp for $19B several weeks ago was primarily to acquire WhatApp’s user population of over 450 million. Even more incredible than this enormous user population is how rapidly the service has grown.