Facebook has agreed to acquire messaging service WhatsApp for approximately $16 billion, including $4 billion in cash and about $12 billion worth of Facebook shares, Facebook said in a release.

The agreement also provides for an additional $3 billion in restricted stock, to be granted to WhatsApp’s founders and employees, that will vest over four years once the deal closes.

Looks like we will soon be able to whatsapp on your PC soon.

By Harry