Facebook Buys Instagram For $1 Billion

MacRumors · Apr 9, 2012, 12:11 PM

Facebook has announced it is buying the extremely popular photography app-maker Instagram for a reported $1 billion.

Facebook founder and CEO Mark Zuckerberg announced the acquisition in a blog post today:

Quote:

For years, we've focused on building the best experience for sharing photos with your friends and family. Now, we'll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.

We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram's strengths and features rather than just trying to integrate everything into Facebook.

That's why we're committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people.

Apple named Instagram its iPhone App of the Year for 2011. Instagram is also the 19th most downloaded free iPhone app of all-time. Instagram launched an Android app just last week.

Instagram is a free download on the App Store. [Direct Link]

Article Link: Facebook Buys Instagram For $1 Billion

tdream · Apr 9, 2012, 12:12 PM

Booyah!

jasonxneo · 12:33 PM

wow! I might not use instagram anymore! The only reason i used instagram was to get away from the madness of facebook!

dBeats · Apr 9, 2012, 12:15 PM

And that's why I'm never going to use it anymore...

gibbo132 · Apr 9, 2012, 12:15 PM

Well I guess thats the end of instagram! Joking aside I have mixed views about this!
Not really a fan of facebook anymore but maybe this will get me back using it more! Well its more an issue of people posting stuff on it rather than the companies I follow posting to it!

weing · Apr 9, 2012, 12:15 PM

Well, like a lots of things about the WWW, Nice while it lasted....

apollo1444 · Apr 9, 2012, 12:15 PM

Quote:

Originally Posted by dBeats

And that's why I'm never going to use it anymore...

you're such a hipster...

Ambrose Chapel · Apr 9, 2012, 12:16 PM

Any recommendations for a replacement app?

BJB Productions · Apr 9, 2012, 12:16 PM

Sweet. Next release will include 18 new bugs and 2 new features that might work!

jason2811 · Apr 9, 2012, 12:17 PM

Quote:

Originally Posted by jasonxneo

wow! I might not use instagram anymore! The only reason i used instagram was to get away from the madness of facebook!

Read the entire article, it explains that they will remain completely separate.

CJK · Apr 9, 2012, 12:17 PM

Deleting my Instagram account even as we speak ...

CJK · Apr 9, 2012, 12:18 PM

Quote:

Originally Posted by jason2811

Read the entire article, it explains that they will remain completely separate.

And there's this bridge in NYC you might be interested in ...

verniesgarden · Apr 9, 2012, 12:18 PM

Quote:

Originally Posted by Ambrose Chapel

Any recommendations for a replacement app?

I'm still a big hipstamatic fan, but i love the control it has

Winter Charm · Apr 9, 2012, 12:19 PM

Quote:

Originally Posted by Ambrose Chapel

Any recommendations for a replacement app?

gifboom is nice. and pretty interesting. It lets you capture 20 frames and upload a gif.

The entire basis of the app is story telling and sharing via 20 frame gifs.

space dog · Apr 9, 2012, 12:19 PM

Just as long as they don't try to model the Instagram app the way they did their Facebook app.

dubprocess · Apr 9, 2012, 12:20 PM

i cannot blame instagram..if someone showed me 1 billion dollars right in front of my face..i would sell out so quick ..

Kilamite · Apr 9, 2012, 12:20 PM

$1bn? Woa!

Interesting to see how they use this for Facebook.

Feed Me · Apr 9, 2012, 12:21 PM

Time to delete instagram then.

dubprocess · Apr 9, 2012, 12:21 PM

why is everyone so surprised..we all knew they were building a user base to exploit in the long run...it was a master plan to build up a free service so they could make money in the long run..

Drew n macs · Apr 9, 2012, 12:22 PM

How about just working on A good facebook app?

sbrhwkp3 · Apr 9, 2012, 12:23 PM

Big deal. Instagram is pointless anyways. "Here, have a look at this photo of my desk that I've filtered to make it look vintage!" Dumb.

knewsom · Apr 9, 2012, 12:23 PM

Camera + is better. If I want to beat the crap outta my pics, I'll do it in a proper photo-editing app. 'course, I am a hyper-nerd.

zorinlynx · Apr 9, 2012, 12:26 PM

Okay, whatever. I don't even use Instagram.

But a BILLION dollars? How in the hell can it be worth that much???

You can do pretty much the same thing with Twitter!

vmachiel · Apr 9, 2012, 12:27 PM

whaha, all the people never wanting to use it anymore

Hipsters

Mad Mac Maniac · Apr 9, 2012, 12:27 PM

A million dollars isn't cool... You know what's cool? A BILLION dollars.

Apr 9, 2012, 12:12 PM	#2
tdream macrumors 6502a Join Date: Jan 2009	Booyah! __________________ Macbook Pro 2.26 4G 32GB 3G 16GB iTouch 1G 32GB Mini 1.6 iPad 3 64GB i7 920 / 580GTX / S27A950D / 3007WFP / SGS3 / Samsung Galaxy Note 2
	-12

Apr 9, 2012, 12:13 PM	#3
jasonxneo macrumors regular Join Date: Sep 2010 Location: Ozone Park, New York	wow! I might not use instagram anymore! The only reason i used instagram was to get away from the madness of facebook! __________________ iPod touch 4g iPhone 5 iPad 3 (aka The New iPad) Last edited by jasonxneo; Apr 9, 2012 at 12:33 PM.
	81

Apr 9, 2012, 12:15 PM	#4
dBeats macrumors regular Join Date: Jun 2011	And that's why I'm never going to use it anymore...
	36

Apr 9, 2012, 12:15 PM	#5
gibbo132 macrumors regular Join Date: Jan 2010	Well I guess thats the end of instagram! Joking aside I have mixed views about this! Not really a fan of facebook anymore but maybe this will get me back using it more! Well its more an issue of people posting stuff on it rather than the companies I follow posting to it! __________________ 13" MacBook Air; Powermac G4 400MHz Sawtooth (dead); iPod 3rd Gen 30GB; iPhone 4 16GB; Apple TV 2; iPad (3rd generation) 32GB Wifi
	2

Apr 9, 2012, 12:16 PM	#9
BJB Productions macrumors 6502a Join Date: Nov 2008	Sweet. Next release will include 18 new bugs and 2 new features that might work! __________________ 15'' Unibody i7 Quad Core Macbook Pro (2011) \| White 16gb iPad2 \| White 16gb iPhone 5
	75

Apr 9, 2012, 12:15 PM	#6
weing macrumors regular Join Date: Apr 2007	Well, like a lots of things about the WWW, Nice while it lasted....
	17

Apr 9, 2012, 12:16 PM	#8
Ambrose Chapel macrumors 65816 Join Date: Jul 2002 Location: Massachusetts	Any recommendations for a replacement app?
	12

Apr 9, 2012, 12:17 PM	#11
CJK macrumors member Join Date: Jun 2007 Location: The Mountain Empire	oh well Deleting my Instagram account even as we speak ...
	-1

Apr 9, 2012, 12:19 PM	#15
space dog macrumors newbie Join Date: Mar 2012	Just as long as they don't try to model the Instagram app the way they did their Facebook app.
	13

Apr 9, 2012, 12:20 PM	#16
dubprocess macrumors newbie Join Date: Nov 2011	i cannot blame instagram..if someone showed me 1 billion dollars right in front of my face..i would sell out so quick ..
	97

Apr 9, 2012, 12:20 PM	#17
Kilamite macrumors G3 Join Date: Mar 2007 Location: Edinburgh, Scotland	$1bn? Woa! Interesting to see how they use this for Facebook. __________________ 15" MacBook Pro 2GHz i7 4GB 750GB \| Mac mini 2.3GHz i7 16GB 1TB Fusion \| OS X 10.8.3 iPhone 5 64GB \| Apple TV 3 1080p \| iOS 6.1.4
	3

Apr 9, 2012, 12:21 PM	#18
Feed Me macrumors 6502a Join Date: Jan 2012 Location: Location Location	Time to delete instagram then.
	1

Apr 9, 2012, 12:22 PM	#20
Drew n macs macrumors member Join Date: Apr 2010	How about just working on A good facebook app?
	42

Apr 9, 2012, 12:23 PM	#21
sbrhwkp3 macrumors 6502 Join Date: Jul 2005 Location: Lake George, NY	Big deal. Instagram is pointless anyways. "Here, have a look at this photo of my desk that I've filtered to make it look vintage!" Dumb.
	59

Apr 9, 2012, 12:23 PM	#22
knewsom macrumors 6502a Join Date: Jun 2005	Camera + is better. If I want to beat the crap outta my pics, I'll do it in a proper photo-editing app. 'course, I am a hyper-nerd. __________________ 27" iMac Core i7, 8GB RAM; 13" Aluminum Macbook; iPhone 4s, 4, 3Gs (now an iPod Touch for my kid) rogueplanetart.com - follow me on Twitter
	9

Apr 9, 2012, 12:26 PM	#23
zorinlynx macrumors 65816 Join Date: May 2007 Location: Florida, USA	Okay, whatever. I don't even use Instagram. But a BILLION dollars? How in the hell can it be worth that much??? You can do pretty much the same thing with Twitter!
	-5

Apr 9, 2012, 12:27 PM	#24
vmachiel macrumors 6502a Join Date: Feb 2011 Location: Holland	whaha, all the people never wanting to use it anymore Hipsters __________________ 2010 MBP, 2.4 GHz i5, 8 GB RAM, 240 GB SSD; 32GB iPhone 4S; 16 GB iPhone 3GS; 32 GB Wifi iPad (3rd gen)
	9

Apr 9, 2012, 12:27 PM	#25
Mad Mac Maniac macrumors 68030 Join Date: Oct 2007	A million dollars isn't cool... You know what's cool? A BILLION dollars. __________________ Now I have a Signature!
	41

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