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Rakuten to buy instant messaging app Viber for $900 million

2014-02-14 13:10:14| InfoWorld: Top News

Japan's Rakuten will acquire instant messaging and calling app developer Viber Media for $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 e-book platform Kobo, Spanish video service Wuaki.tv, and Viki, a digital content platform.

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