Friday, February 14, 2014

[No longer a denied rumor] - Viber Sold for $900M

What started as a rumor [see - "[Calcalist]: Viber to be Acquired for $400M" - here] and was denied by Viber's CEO 3 days ago (here) is now confirmed.
Reuters reports that "Japanese e-commerce company Rakuten Inc said on Friday it will buy instant messaging app provider Viber Media Ltd for $900 million, hoping to tap the Cyprus-based company's rapidly expanding business in emerging markets.

Rakuten said the purchase of Viber Media, run from Cyprus by Israeli entrepreneur Talmon Marco, will add 300 million users to its existing 200 million users

See "Japan's Rakuten says to buy Viber Media for $900 million" - here.

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