Facebook Acquires Instagram for $1,000,000,000

  • Feed Type
  • Date
    4/9/2012
  • Company Name
    Instagram
  • Mailing Address
    Undisclosed San Francisco, CA 94100
  • Company Description
    Snap a photo with your iPhone, choose a filter to transform the look and feel, send to Facebook, Twitter or Flickr – it’s all as easy as pie. It’s photo sharing, reinvented.
  • Website
    http://www.instagr.am
  • Transaction Type
    M&A
  • Transaction Amount
    $1,000,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The total consideration for San Francisco-based Instagram is approximately $1 billion in a combination of cash and shares of Facebook.