Instagram sold to Facebook 2019

Facebook just got 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 users now.

What's fantastic about it is that it is really rapid - particularly compared to Facebook.

With the Facebook apple iphone app, there are 6 screens a customer needs to go via prior to an individual can really take a photo. With Instagram, there is one.

In February, we defined Instagram as the greatest threat to Facebook.

Mark Zuckerberg just introduced the news on Facebook:

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

For years, we have actually concentrated on constructing the most effective experience for sharing photos with your loved ones. Currently, we'll have the ability to work much more very closely with the Instagram team to additionally use the very best experiences for sharing lovely mobile photos with people based on your passions.

We believe these are various experiences that match each other. But in order to do this well, we need to be mindful about maintaining as well as improving Instagram's staminas and features instead of just trying to integrate whatever right into Facebook.

That's why we're dedicated to building and expanding Instagram separately. Millions of individuals all over the world love the Instagram app as well as the brand name related to it, as well as our objective is to aid spread this app and brand name to a lot more individuals.

We think the reality that Instagram is attached to other solutions past Facebook is a vital part of the experience. We intend on keeping functions like the capability to publish to various other socials media, the capability to not share your Instagrams on Facebook if you desire, and also the ability to have fans and follow individuals independently from your buddies on Facebook.

These as well as numerous various other attributes are very important parts of the Instagram experience and we comprehend that. We will certainly try to learn from Instagram's experience to build similar attributes right into our other products. At the same time, we will certainly attempt to help Instagram remain to expand by using Facebook's solid design team as well as framework.

This is a crucial milestone for Facebook due to the fact that it's the very first time we've ever before gotten an item as well as company with numerous individuals. We do not plan on doing much more of these, if any in any way. Yet providing the very best image sharing experience is one reason why so many people enjoy Facebook and we understood it would certainly deserve bringing these 2 companies with each other.

We're expecting working with the Instagram group and also to every one of the fantastic new experiences we're mosting likely to have the ability to develop together.