Instagram sold to Facebook 2019

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

Instagram Sold To Facebook



Facebook Buy Instagram


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

What's wonderful regarding it is that it is very rapid - specifically contrasted to Facebook.

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

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

Mark Zuckerberg simply introduced the news on Facebook:

I'm thrilled to share the news that we've consented to get Instagram which their skilled group will be joining Facebook.

For several years, we have actually concentrated on building the very best experience for sharing pictures with your loved ones. Now, we'll have the ability to work even more closely with the Instagram team to likewise provide the very best experiences for sharing attractive mobile pictures with people based upon your interests.

We believe these are different experiences that complement each other. However in order to do this well, we require to be mindful regarding maintaining and improving Instagram's strengths and also attributes as opposed to just trying to integrate whatever into Facebook.

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

We believe the reality that Instagram is attached to other solutions past Facebook is a fundamental part of the experience. We plan on maintaining attributes like the capability to post to other socials media, the ability to not share your Instagrams on Facebook if you want, as well as the capacity to have followers and follow individuals separately from your pals on Facebook.

These and many other functions are important parts of the Instagram experience and also we recognize that. We will certainly attempt to gain from Instagram's experience to construct similar attributes into our various other products. At the same time, we will certainly attempt to help Instagram continue to expand by utilizing Facebook's strong design group as well as infrastructure.

This is an essential turning point for Facebook due to the fact that it's the first time we've ever before acquired an item as well as business with numerous customers. We don't plan on doing many more of these, if any type of in any way. However providing the very best photo sharing experience is one reason a lot of people like Facebook as well as we knew it would deserve bringing these two business together.

We're eagerly anticipating dealing with the Instagram group and to all of the wonderful new experiences we're mosting likely to be able to build together.