Viber Sold for 900 million dollar

• Posted by T Ghosh February 14, 2014 - Filed in Technology - #voice calling app  - 1,309 views

   Rakuten which is a Japanese e-commerce company said that it will buy instant messaging app provider Viber Media for $900 million, hoping to tap the Cyprus-based company's rapidly expanding business in emerging markets.
  
  The purchase of Viber Media, run from Cyprus by Israeli entrepreneur Talmon Marco, will add 300 million users to its existing 200 million users database in its data center.
  
  The Japanese e-commerce giant said, "As Rakuten aims to become the world's No.1 internet services company, this acquisition will enable Rakuten to penetrate new markets with multiple digital content offerings." 
  
   "I am tremendously excited to welcome Viber to the Rakuten family. Viber understands how people actually want to engage and have built the only service that truly delivers on all fronts. This makes Viber the ideal total consumer engagement platform for Rakuten as we seek to bring our deep understanding of the consumer to vast new audiences through our dynamicecosystem of internet Services." Rakuten chairman and CEO, Hiroshi Mikitani, said,
  
  Viber CEO and founder Marco, underlined these synergies, "Sharing similar aspirations with Rakuten, our vision is to be the world's No. 1 communications platform and our combination with Rakuten is an important step in that direction."