Instagram Owned by Facebook 2019

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

Instagram Owned By Facebook



Facebook Buy Instagram


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

What's terrific about it is that it is very quick - specifically compared to Facebook.

With the Facebook iPhone application, there are 6 displays a customer needs to go through before a user can actually take a photo. With Instagram, there is one.

In February, we defined Instagram as the largest risk to Facebook.

Mark Zuckerberg simply introduced the information on Facebook:

I'm excited to share the news that we have actually consented to acquire Instagram and that their gifted group will be signing up with Facebook.

For many years, we've focused on developing the best experience for sharing photos with your friends and family. Now, we'll be able to function much more closely with the Instagram group to also supply the very best experiences for sharing gorgeous mobile pictures with individuals based upon your passions.

Our company believe these are various experiences that match each other. But in order to do this well, we need to be conscious about maintaining as well as improving Instagram's strengths and also functions instead of simply attempting to incorporate everything into Facebook.

That's why we're dedicated to structure and growing Instagram individually. Numerous people worldwide enjoy the Instagram application and also the brand name related to it, and also our objective is to aid spread this app as well as brand to a lot more people.

We assume the reality that Instagram is linked to other solutions past Facebook is a fundamental part of the experience. We intend on maintaining attributes like the capacity to publish to other socials media, the capacity to not share your Instagrams on Facebook if you want, and also the capacity to have fans and adhere to people independently from your close friends on Facebook.

These as well as numerous other attributes are necessary parts of the Instagram experience and we comprehend that. We will certainly attempt to gain from Instagram's experience to build comparable attributes right into our other items. At the same time, we will certainly try to assist Instagram remain to expand by using Facebook's strong engineering team and infrastructure.

This is an essential landmark for Facebook due to the fact that it's the very first time we've ever before acquired an item and also firm with a lot of users. We do not plan on doing a lot more of these, if any at all. However supplying the most effective picture sharing experience is one reason why a lot of individuals love Facebook as well as we knew it would certainly be worth bringing these 2 business with each other.

We're anticipating working with the Instagram team and also to all of the fantastic new experiences we're mosting likely to have the ability to construct together.