Facebook Buying Instagram Worth $ 1 Billion. After the previous 'world quaking' because Instagram released its application on the Android OS, now the big news came from the developers of this photo-sharing applications. Officially, Facebook Instagram purchase price of $ 1 billion.
The news was confirmed by the Founder and CEO of Facebook, Mark Zuckerberg in his writings and also by Instagram CEO, Kevin Systrom, Instagram blog. Although it has been bought by Facebook, Instagram application will remain in its present form, includes features to publish images to the effects of social networks besides Facebook and networking Instagram preconceived.
In the future, Instagram be fully integrated with existing services at Facebook and Mark mentioned that the developers of the Facebook team will also assist the development of Instagram to produce a better service.
Facebook Buying Instagram Worth $ 1 Billion
