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Facebook to Acquire Instagram for $1 Billion

by Volker Weber

Facebook has just announced that it will acquire Instagram, the popular mobile photo-sharing service for $1 billion in cash and shares.

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Comments

$25 per user ... this is crazy.

Sebastian Herp, 2012-04-09

1bn for a photo corruption solution? Wow...

Ingo Seifert, 2012-04-11

@Ingo: Full ACK ;) On the other hand I just seem to 'not get it'...

Hubert Stettner, 2012-04-11

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