Is Instagram Owned by Facebook

Facebook simply acquired Instagram for $1 billion in money and also supply.

Is Instagram Owned By Facebook

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

What's wonderful concerning it is that it is very rapid - particularly compared to Facebook.

With the Facebook iPhone app, there are 6 screens a user has to go via before an individual can actually take an image. With Instagram, there is one.

In February, we defined Instagram as the largest hazard to Facebook.

Mark Zuckerberg simply introduced the news on Facebook:

I'm delighted to share the news that we have actually agreed to get Instagram which their gifted team will certainly be signing up with Facebook.

For several years, we've concentrated on constructing the best experience for sharing pictures with your friends and family. Now, we'll have the ability to work much more very closely with the Instagram team to likewise use the very best experiences for sharing gorgeous mobile pictures with people based on your rate of interests.

Our team believe these are different experiences that match each other. But in order to do this well, we need to be mindful about keeping as well as building on Instagram's strengths and also attributes as opposed to just trying to incorporate everything into Facebook.

That's why we're devoted to structure as well as expanding Instagram independently. Numerous people all over the world love the Instagram app as well as the brand name connected with it, as well as our objective is to aid spread this application and brand to even more people.

We believe the fact that Instagram is connected to other services past Facebook is an important part of the experience. We intend on maintaining attributes like the capability to publish to other social networks, the capacity to not share your Instagrams on Facebook if you want, as well as the ability to have followers and comply with people independently from your close friends on Facebook.

These as well as several other functions are important parts of the Instagram experience and also we comprehend that. We will try to pick up from Instagram's experience to construct similar features into our other items. At the same time, we will try to assist Instagram remain to grow by utilizing Facebook's solid engineering team as well as facilities.

This is an important milestone for Facebook since it's the first time we have actually ever acquired an item and business with so many customers. We don't intend on doing many more of these, if any whatsoever. However giving the most effective picture sharing experience is one reason many people enjoy Facebook and we understood it would certainly be worth bringing these 2 companies together.

We're eagerly anticipating dealing with the Instagram group and also to every one of the great brand-new experiences we're going to have the ability to build with each other.

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