Facebook Acquires Instagram 2019

Facebook simply purchased Instagram for $1 billion in cash money and supply.

Facebook Acquires 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 customers currently.

What's great about it is that it is very quick - especially contrasted to Facebook.

With the Facebook apple iphone application, there are 6 screens a user needs to go with prior to an individual can in fact take a picture. With Instagram, there is one.

In February, we described Instagram as the biggest threat to Facebook.

Mark Zuckerberg simply revealed the news on Facebook:

I'm excited to share the information that we have actually accepted get Instagram which their skilled team will be signing up with Facebook.

For years, we've concentrated on developing the most effective experience for sharing images with your family and friends. Now, we'll be able to work much more very closely with the Instagram team to also use the most effective experiences for sharing attractive mobile pictures with individuals based on your rate of interests.

Our company believe these are various experiences that enhance each other. However in order to do this well, we need to be conscious regarding maintaining and also building on Instagram's strengths and also features rather than simply trying to integrate every little thing into Facebook.

That's why we're devoted to structure and also growing Instagram independently. Countless individuals around the globe love the Instagram app and also the brand name connected with it, as well as our goal is to aid spread this app and also brand name to much more individuals.

We believe the fact that Instagram is attached to other services past Facebook is a vital part of the experience. We plan on keeping functions like the capacity to post to various other social media networks, the ability to not share your Instagrams on Facebook if you want, and also the ability to have followers as well as comply with people independently from your buddies on Facebook.

These and also lots of various other features are very important parts of the Instagram experience and also we understand that. We will attempt to learn from Instagram's experience to develop comparable features right into our other products. At the same time, we will attempt to help Instagram remain to expand by using Facebook's solid engineering team and facilities.

This is an essential turning point for Facebook due to the fact that it's the first time we have actually ever before acquired a product and also business with many individuals. We don't intend on doing many more of these, if any kind of at all. However offering the best photo sharing experience is one reason many people love Facebook as well as we knew it would be worth bringing these 2 business together.

We're eagerly anticipating collaborating with the Instagram group and to every one of the fantastic new experiences we're going to have the ability to develop together.