Facebook Bought Instagram 2019

Facebook just got Instagram for $1 billion in cash and also stock.

Facebook Bought Instagram



Facebook Buy Instagram


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

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

With the Facebook iPhone app, there are 6 displays an individual has to go with before a customer can really take an image. With Instagram, there is one.

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

Mark Zuckerberg simply announced the news on Facebook:

I'm delighted to share the news that we've agreed to obtain Instagram and that their gifted group will be joining Facebook.

For many years, we have actually concentrated on developing the best experience for sharing images with your family and friends. Now, we'll be able to function a lot more carefully with the Instagram team to likewise offer the very best experiences for sharing beautiful mobile pictures with people based on your rate of interests.

Our company believe these are various experiences that match each other. Yet in order to do this well, we require to be mindful regarding maintaining as well as building on Instagram's staminas and also attributes as opposed to just trying to integrate everything into Facebook.

That's why we're committed to building and growing Instagram separately. Numerous people all over the world love the Instagram app as well as the brand name associated with it, as well as our objective is to aid spread this app and brand to even more people.

We think the fact that Instagram is linked to other services beyond Facebook is an important part of the experience. We intend on keeping functions like the capability to upload to various other social networks, the capacity to not share your Instagrams on Facebook if you want, and also the capability to have followers and adhere to individuals individually from your friends on Facebook.

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

This is an important turning point for Facebook because it's the first time we've ever before acquired an item and also business with so many customers. We do not intend on doing many more of these, if any type of at all. But providing the best photo sharing experience is one reason why a lot of people love Facebook as well as we understood it would certainly be worth bringing these 2 companies together.

We're eagerly anticipating working with the Instagram group as well as to all of the fantastic brand-new experiences we're mosting likely to be able to develop with each other.