Viber acquired by Rakuten for a whopping $900 million

Viber acquired by Rakuten for a whopping $900 million
Viber acquired by Rakuten for a whopping $900 million. Image via

Viber which been very popular for providing free voice calling to its customers has been acquired by Rakuten for a very big amount. It was first expected that, the acquisition would be around $300-$400 million. Rakuten has acquired Viber keeping in mind that of its huge customer database and one of the competitor to Line and Skype. As per the last report which has come out from Viber, it has nearly 300 million users across the world which is phenomenon. It seems that Rukuten has big plans in the free voice communication industry. Rakuten also has list of services like Pinterest and Kobo.

Rakuten Chairman and CEO, Hiroshi Mikitani, commented:

“I am tremendously excited to welcome Viber to the Rakuten family. Viber delivers the most consistently high quality and convenient messaging and VoIP experience available. Additionally, Viber has introduced a great sticker market and has tremendous potential as a gaming platform. Simply put, 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 dynamic ecosystem of Internet Services.”

About Rakuten

Rakuten, Inc. (4755: Tokyo), is one of the globe’s leading Net solution firms, offering a range of solutions for companies and consumers, featuring in the areas of e-commerce, eReading, trip, financial, protections, credit rating cards, e-money, coordinations, portal and media, on-line marketing and professional sports. In both 2012 and 2013, Rakuten was rated among the globe’s Leading 10 most impressive business in Forbes magazine’s annual list. Headquartered in Tokyo Rakuten was started in 1997 and presently has over 10,000 staff members and partner staff worldwide.


Viber is established by Viber Media, a lead-in mobile messaging and VoIP business. Viber users can send out cost-free content messages, fun sticker labels, doodles, pictures and video clips, share locations anywhere in the globe, make free HD-quality calls and communicate with Push-To-Talk. With Viber Out, users could make affordable phone calls to any type of phone number around the world.

Soruce: via @Financial Post