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Greg Voakes: The Numbers Behind Facebook's Acquisition of Instagram

Facebook is dumping a whopping $1 billion for Instagram, a company that is less than two years old and has no revenue. Here are the numbers behind the purchase.
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Zuckerberg FTW: Facebook Instagram Deal Was A Steal At $1 Billion

Technology : The Inquisitr - Tech (8 months ago)

Sure, Mark Zuckerberg has gotten a lot wrong this year, but his wisest move in Facebook’s first year as a public company was his acquisition of Instagram for $1 billion. Seems like a pretty steep price tag for the popular image shar... Read Post

Silicon success hits Instagram as Facebook shells out $1 billion to buy it

Technology : Techi.com (last year)

It's a sign of the times. Mark Zuckerberg announced that Facebook has purchased photo app Instagram for $1 billion. The 13-person team at Instagram has not been able to generate revenue but was able to build a strong base of 30 mill... Read Post

Instagram 2.5 For iOS Debuts First Major Upgrade Since Facebook Acquisition

Technology : The Inquisitr - Tech (11 months ago)

Instagram on Tuesday announced iOS version 2.5, the first major upgrade to the social picture sharing platform since the company was purchased by Facebook CEO Mark Zuckerberg for $1 billion in April 2012. The new update includes som... Read Post


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