Facebook to Buy Instagram For $1 Billion

Facebook to Buy Instagram For $1 Billion

By Ralf Skirr.

Mark Zuckerberg wrote on Facebook: "I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook."

"We think the fact that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on keeping features like the ability to post to other social networks, the ability to not share your Instagrams on Facebook if you want, and the ability to have followers and follow people separately from your friends on Facebook."

See link below for Mark Zuckerberg's complete statement:

Embedded Link

I'm excited to… | Facebook

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  1. Ralf Skirr April 9, 2012 at 1:53 pm #

    That's a super smart move by Facebook.

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