Facebook Buys Instagram

Facebook just got Instagram for $1 billion in cash money as well as stock.

Facebook Buys Instagram



Facebook Buy Instagram


Instagram is a mobile-only photo-sharing application. It expanded from 1 million individuals in January 2011 to 15 million in December 2011. It has 30 million users currently.

What's great regarding it is that it is extremely rapid - particularly compared to Facebook.

With the Facebook apple iphone application, there are 6 displays an individual has to go with prior to an individual can really take a photo. With Instagram, there is one.

In February, we explained Instagram as the largest danger to Facebook.

Mark Zuckerberg just revealed the news on Facebook:

I'm delighted to share the news that we've accepted acquire Instagram and that their skilled group will certainly be signing up with Facebook.

For years, we have actually focused on developing the best experience for sharing pictures with your loved ones. Now, we'll be able to work even more closely with the Instagram team to likewise provide the very best experiences for sharing lovely mobile photos with people based on your interests.

We believe these are different experiences that complement each other. However in order to do this well, we require to be mindful concerning keeping and also building on Instagram's staminas as well as functions rather than simply trying to integrate everything right into Facebook.

That's why we're dedicated to structure and also growing Instagram separately. Countless people worldwide enjoy the Instagram application as well as the brand connected with it, as well as our goal is to aid spread this application as well as brand to a lot more people.

We assume the reality that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on maintaining attributes like the ability to upload to various other social networks, the capacity to not share your Instagrams on Facebook if you desire, and also the capacity to have fans and follow people individually from your pals on Facebook.

These as well as numerous various other features are essential parts of the Instagram experience and also we understand that. We will try to learn from Instagram's experience to construct comparable attributes right into our various other items. At the same time, we will attempt to aid Instagram remain to expand by utilizing Facebook's solid engineering team and also facilities.

This is a crucial landmark for Facebook because it's the very first time we've ever acquired a product as well as firm with numerous users. We do not plan on doing a lot more of these, if any type of whatsoever. However giving the most effective photo sharing experience is one reason so many individuals enjoy Facebook and also we knew it would certainly be worth bringing these two companies with each other.

We're eagerly anticipating working with the Instagram group as well as to all of the excellent brand-new experiences we're going to have the ability to develop with each other.