How Does Instagram Work with Facebook

Facebook Buy Instagram

Facebook bought the extremely popular photo-sharing application Instagram Monday, for about $1 billion in a combination of cash and also stock.

Facebook Chief Executive Officer Mark Zuckerberg introduced the acquisition in a message on his Facebook Timeline Monday.

The sale is anticipated to shut later on this quarter, and also will certainly bring the nine-person team of Instagram to the social media network.

How Does Instagram Work With Facebook

" For many years, we've focused on building the best experience for sharing pictures with your family and friends," Zuckerberg stated in the blog post. "Currently, we'll have the ability to function much more closely with the Instagram team to additionally offer the very best experiences for sharing lovely mobile photos with people based upon your interests."

Zuckerberg went on to say that the business will be building on Instagram's toughness and features and also growing the application separately rather than "just trying to incorporate whatever into Facebook."

Facebook intends on maintaining functions within the app that permit photos to be released on other social networks, and the capacity to have followers and also comply with people that are not always your Facebook pals.

" We will try to learn from Instagram's experience to develop comparable features into our various other products," Zuckerberg claimed. "At the same time, we will certainly try to assist Instagram remain to grow by utilizing Facebook's solid design group and also infrastructure."

Instagram Chief Executive Officer Kevin Systrom echoed Zuckerberg's statements on the Instagram business blog site adding "We're psyched to be joining Facebook and are delighted to build a much better Instagram for everyone."

Instagram launched its iphone application in October 2010, and also came to Android for the first time recently.
This is the first time Facebook has actually acquired a firm or item with many users. "We do not plan on doing many more of these, if any whatsoever." Zuckerberg claimed. "Yet giving the best image sharing experience is one reason a lot of individuals enjoy Facebook as well as we understood it would certainly be worth bringing these two firms with each other."