Monday, April 9, 2012

Facebook to acquire Instagram for $1 billion

http://www.reuters.com/article/2012/04/09/net-us-facebook-idUSBRE8380M820120409

Facebook said on Monday that it would pay $1 billion in cash and stock for photo-sharing application Instagram, in a deal expected to close later this quarter.

No comments:

Post a Comment

If you have a comment regarding the post above, please feel free to leave it here.