Viber CEO denies reports in talks to sell company

TEL AVIV Tue Feb 11, 2014 8:11pm IST

iber's Founder and CEO Talmon Marco gestures during a news conference at the Mobile World Congress in Barcelona February 26, 2013. REUTERS/Albert Gea/Files

iber's Founder and CEO Talmon Marco gestures during a news conference at the Mobile World Congress in Barcelona February 26, 2013.

Credit: Reuters/Albert Gea/Files

Related Topics

TEL AVIV (Reuters) - Viber Media denied a media report on Tuesday that the popular instant messaging application is in talks to be acquired by an Asian company.

Israel's Calcalist financial newspaper reported that Viber was in talks to acquired by a leading instant messaging company from Asia for $300 million-$400 million.

Viber is run from Cyprus by Israeli entrepreneur Talmon Marco and has development centres in Belarus and Israel.

"I have no idea what this is about," Marco told Reuters, adding that the company was not in talks to sell.

Asia has several mobile chat applications such as Chinese WeChat, Japanese Line, and KakaoTalk from South Korea.

Viber has about 200 million registered users in 193 countries. It launched an instant messaging app for personal computers that allows users to make outgoing mobile calls to other Viber usersand to non-registered mobiles, making it a rival to Skype.

The company is funded from the pockets of its founders and several private investors from the United States, Calcalist said.

(Reporting by Tova Cohen and Jeremy Wagstaff; Editing by Steven Scheer)

FILED UNDER:

Samsung

Tech Showcase

'Right To Be Forgotten'

Right To Be Forgotten

EU watchdogs to apply 'right to be forgotten' rule on Web worldwide  Full Article 

HP Earnings

HP Earnings

HP fourth-quarter revenue drops on weak enterprise demand  Full Article 

Price-Fixing Lawsuit

Price-Fixing Lawsuit

U.S. appeals court rejects Motorola Mobility price-fixing lawsuit  Full Article 

Net Neutrality Hurdles

Net Neutrality Hurdles

AT&T says fiber spending pause affects only new commitments  Full Article 

Fighting Extradition

Fighting Extradition

Megaupload's Dotcom says extradition fight leaves him bust   Full Article 

Mt. Gox Bankruptcy

Mt. Gox Bankruptcy

Bitcoin exchange Kraken to help in Mt. Gox bankruptcy  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage