Rakuten to buy Internet messaging app Viber for $900 million

Japan’s Rakuten will acquire instant messaging and calling app developer Viber Media for US$900 million, the e-commerce giant said Friday, highlighting its moves to penetrate new markets.Rakuten’s purchase of the messaging and VoIP company follows its acquisitions of Canada’s ebook platform Kobo, Spanish video service Wuaki.tv, and Viki, a digital content platform.The company aims to be the world’s number one Internet services company, and buying Viber compliments its strategy in the digital space.Founded by CEO Talmon Marco, Viber adds some 300 million registered users to Rakuten Group’s user base, which numbers about 225 million across its 40 services around the world.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2014-02-14 00:00:00 UTC ]

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