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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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    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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    28 views1 page

    Citation

    Uploaded by

    atkawa7
    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.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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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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