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Facebook acquired Instagram in 2012 for $1 billion. Instagram was a photo sharing mobile app founded in 2010 that had grown rapidly to over 30 million users. The acquisition gave Facebook access to Instagram's architecture and team to help Facebook expand its mobile photo sharing capabilities.

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0% found this document useful (0 votes)
49 views1 page

Citation

Facebook acquired Instagram in 2012 for $1 billion. Instagram was a photo sharing mobile app founded in 2010 that had grown rapidly to over 30 million users. The acquisition gave Facebook access to Instagram's architecture and team to help Facebook expand its mobile photo sharing capabilities.

Uploaded by

atkawa7
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Works Cited

"The Instagram Architecture Facebook Bought for a Cool Billion Dollars." The
Instagram Architecture Facebook Bought for a Cool Billion Dollars - High
Scalability -. Highscalability, 12 Apr. 2012. Web. 04 Oct. 2014.

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