How much did Facebook pay to acquire Instagram?

Started by 4fwbdokms, Aug 08, 2024, 09:20 AM

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How much did Facebook pay to acquire Instagram?

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Facebook acquired Instagram for approximately $1 billion in cash and stock in April 2012. This acquisition price was notable at the time and underscored Facebook's interest in integrating Instagram's rapidly growing photo-sharing platform into its ecosystem. The deal was one of the largest acquisitions in the tech industry at that point and highlighted the value that Facebook placed on Instagram's potential and user base.

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