Does Facebook Own Instagram 2019

Facebook just purchased Instagram for $1 billion in cash money and stock.

Does Facebook Own Instagram



Facebook Buy Instagram


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

What's wonderful about it is that it is really fast - especially contrasted to Facebook.

With the Facebook iPhone application, there are 6 displays an individual has to go via prior to a customer can in fact take an image. With Instagram, there is one.

In February, we explained Instagram as the largest danger to Facebook.

Mark Zuckerberg simply introduced the news on Facebook:

I'm delighted to share the news that we have actually accepted acquire Instagram and that their gifted team will be signing up with Facebook.

For several years, we have actually concentrated on building the most effective experience for sharing images with your family and friends. Currently, we'll have the ability to work even more very closely with the Instagram team to additionally provide the best experiences for sharing gorgeous mobile images with individuals based on your passions.

Our team believe these are different experiences that complement each other. But in order to do this well, we require to be conscious concerning keeping as well as building on Instagram's strengths and functions as opposed to simply attempting to integrate every little thing right into Facebook.

That's why we're dedicated to structure and growing Instagram individually. Numerous individuals around the world like the Instagram application as well as the brand connected with it, and our objective is to aid spread this application and also brand name to a lot more individuals.

We think the reality that Instagram is linked to other solutions past Facebook is a vital part of the experience. We intend on keeping functions like the capability to upload to various other socials media, the capability to not share your Instagrams on Facebook if you desire, and also the ability to have fans as well as comply with people separately from your good friends on Facebook.

These and many various other functions are essential parts of the Instagram experience as well as we comprehend that. We will certainly try to pick up from Instagram's experience to construct comparable functions into our various other products. At the same time, we will certainly attempt to help Instagram continue to grow by utilizing Facebook's strong engineering group as well as framework.

This is an essential landmark for Facebook because it's the very first time we have actually ever before acquired a product as well as business with a lot of individuals. We don't intend on doing a lot more of these, if any kind of in all. But offering the very best image sharing experience is one reason why many individuals enjoy Facebook and also we knew it would be worth bringing these two firms with each other.

We're looking forward to dealing with the Instagram team and also to every one of the great brand-new experiences we're going to be able to develop with each other.