Facebook Owns Instagram 2019

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

Facebook Owns Instagram



Facebook Buy Instagram


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

What's excellent concerning it is that it is extremely fast - particularly contrasted to Facebook.

With the Facebook iPhone app, there are 6 displays a user needs to go via prior to an individual can in fact take a photo. With Instagram, there is one.

In February, we explained Instagram as the most significant risk to Facebook.

Mark Zuckerberg just introduced the news on Facebook:

I'm thrilled to share the news that we've accepted acquire Instagram which their talented group will be joining Facebook.

For years, we've concentrated on developing the very best experience for sharing pictures with your loved ones. Currently, we'll be able to function much more carefully with the Instagram group to additionally offer the most effective experiences for sharing beautiful mobile photos with people based upon your passions.

Our team believe these are different experiences that complement each other. But in order to do this well, we require to be mindful regarding keeping and building on Instagram's toughness and features instead of simply trying to integrate whatever right into Facebook.

That's why we're dedicated to structure and expanding Instagram separately. Countless individuals around the globe like the Instagram app as well as the brand name associated with it, and also our objective is to assist spread this app and brand to even more individuals.

We assume the reality that Instagram is connected to various other solutions past Facebook is an integral part of the experience. We intend on maintaining functions like the ability to upload to other socials media, the capacity to not share your Instagrams on Facebook if you want, as well as the ability to have followers and also follow people separately from your good friends on Facebook.

These and many other features are necessary parts of the Instagram experience as well as we comprehend that. We will try to gain from Instagram's experience to build similar attributes into our various other items. At the same time, we will try to help Instagram continue to grow by using Facebook's strong engineering group and also framework.

This is an important landmark for Facebook because it's the first time we have actually ever acquired a product as well as company with numerous individuals. We don't plan on doing a lot more of these, if any kind of in all. But providing the most effective picture sharing experience is one reason a lot of people love Facebook and also we understood it would certainly deserve bringing these 2 companies with each other.

We're looking forward to working with the Instagram group and also to every one of the excellent new experiences we're going to be able to construct with each other.