Facebook Owns Instagram

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

Facebook Owns Instagram



Facebook Buy Instagram


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 individuals now.

What's wonderful regarding it is that it is very quick - especially compared to Facebook.

With the Facebook apple iphone app, there are 6 displays a user has to go via before a customer can really take a photo. With Instagram, there is one.

In February, we explained Instagram as the greatest risk to Facebook.

Mark Zuckerberg just introduced the information on Facebook:

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

For many years, we have actually focused on developing the best experience for sharing pictures with your family and friends. Now, we'll be able to function even more carefully with the Instagram team to likewise provide the most effective experiences for sharing beautiful mobile pictures with individuals based on your passions.

We believe these are different experiences that complement each other. Yet in order to do this well, we require to be mindful about keeping as well as improving Instagram's toughness and features as opposed to just attempting to integrate whatever into Facebook.

That's why we're committed to structure as well as growing Instagram independently. Countless individuals around the world enjoy the Instagram application and also the brand related to it, and also our objective is to assist spread this application and also brand name to even more individuals.

We assume the truth that Instagram is linked to other services past Facebook is a fundamental part of the experience. We intend on maintaining features like the capacity to upload to other social media networks, the capability to not share your Instagrams on Facebook if you desire, and also the capability to have followers and comply with people independently from your friends on Facebook.

These as well as numerous other functions are very important parts of the Instagram experience as well as we comprehend that. We will certainly try to learn from Instagram's experience to develop similar features into our various other products. At the same time, we will certainly attempt to assist Instagram continue to grow by utilizing Facebook's solid engineering team and also facilities.

This is an important milestone for Facebook due to the fact that it's the first time we have actually ever before obtained an item and also company with a lot of individuals. We don't intend on doing much more of these, if any in any way. But offering the most effective photo sharing experience is one reason why so many individuals love Facebook as well as we knew it would certainly be worth bringing these 2 business together.

We're eagerly anticipating working with the Instagram team and also to every one of the fantastic new experiences we're going to be able to construct together.