US cross-platform mobile messaging application provider WhatsApp Inc is not in discussions to be taken over by US-based Internet giant Google Inc (NASDAQ:GOOG), head of business development Neeraj Arora told technology blog All Things Digital.
The statement was made in response to speculations regarding ongoing negotiations about a USD1bn (EUR765.2m) deal.
The technology news website Digital Trends said earlier, quoting an insider, that the parties had been negotiating the matter for about four or five weeks, but the target was trying to get more money from Google. According to the report, Google seeks to acquire WhatsApp to fill in a messaging gap in its mobile strategy.
WhatsApp is the number one paid app in over 100 countries. The business may be generating some USD100m in annual revenues, the informed person has said.
In December, Techcrunch cited own sources as saying that social network Facebook Inc (NASDAQ:FB) was also holding talks with regard to a takeover of the messaging app.