According to a report published by Techcrunch, Facebook is in talks to acquire cross platform mobile chat app, Whatsapp. TechCrunch relies on anonymous sources. Facebook and WhatsApp have nothing yet officially published. How Facebook is willing to pay and how far the acquisition is sought is not yet clear.
WhatsApp certainly would not be the first company, that is acquired by Facebook. Earlier this year, Instagram was bought for more than $700 million by Facebook.
At the moment, Facebook is trying to compete with Whatsapp already. Earlier this year, Facebook mobile team released Facebook Messenger iOS application on the App Store, to compete with mobile chat apps.