Feeds

Play.com tech titan snaps up 'VoIP-tastic WhatsApp' firm Viber

Rakuten acquires app for $900m in cold hard cash

Internet Security Threat Report 2014

Japanese ecommerce giant Rakuten will slurp messaging app Viber for $900m in cash as it continues its plans for world domination.

The firm behind Play.com offers services from shopping to online video and is now adding messaging and VoIP to its repertoire courtesy of Viber, which is run from Cyprus by Israeli entrepreneur Talmon Marco. The app purchase will bring over 300 million users to add to Rakuten's existing 200 million users.

Rakuten, hugely popular in Japan, has been busily expanding out of its home territory with a number of acquisitions. In 2012, it snapped up ereading service Kobo and video-on-demand service Wuaki.tv, while late last year it acquired digital content platform Viki.

Rakuten chairman and CEO Hiroshi Mikitani told media in Japan that the buying up Viber would take the firm "to a different level".

"Developing this messaging system on our own would have been impossible," he said.

He explained that the company planned to integrate the messaging service into existing services by allowing users to instantly message online stores, for example.

According to a statement from the companies, Viber has grown over 120 per cent in 2013. Viber chief Marco said that it aims to be the number one communications platform after it's acquired by Rakuten. ®

Top 5 reasons to deploy VMware with Tegile

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.