How Much Did Facebook Buy Instagram at Buying

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How Much Did Facebook Buy Instagram. Facebook is buying instagram, according to this post today from mark zuckerberg. The instagram acquisition, announced on april 9, 2012, appears to have been the first exception to this pattern.

from www.mizzfit.com

Facebook announced and finalized the deal back in 2012. Facebook purchased the photo filter app 18 months after its launch for $1 billion: The purchase price of $1 billion will be.

The purchase price of $1 billion will be paid in cash and facebook shares. Facebook is paying $1bn (£629m) in cash and stock for the takeover. Facebook bought instagram on april 9, 2012, for $1 billion, its largest acquisition at the time. Instagram has become a key fixture of facebook ’s growth.