Answers » Categories » Business

How much did Facebook pay to acquire Instagram?

What was the price that Facebook payed to buy Instagram?


1
1 Report
MORE: facebook, instagram, acquired

1 Answer
0 
Facebook said Monday it would acquire Instagram, the maker of a popular photo-sharing mobile app and service, for approximately $1 billion in cash and stock. Instagram allows users of smartphones to instantly add features to their digital photos and share them with friends.

Facebook's Chief Executive Mark Zuckerberg made the announcement via his own Facebook page.
Apr 9th, 2012 at 5:41 PM
Reply

Answer this question

by Anonymous - Already have an account? Login now!
Your Name:

Your Answer:
Source(s): (optional)

Enter the text you see in the image below
What do you see?
Can't read the image? View a new one.
Your answer will appear after being approved.

Ask your own question

Tagged
facebook (245)
instagram (9)
acquired (2)

Ask a Question

Categories
Electronics
Internet
Celebrities

Follow Us