Facebook founder Mark Zuckerberg announced on Monday (9) profile on the social network's purchase Instagram, free application that allows you to put filterson photos and share them on websites. The Brazilian Mike Krieger is one of thecofounders of the company founded in 2010 whose program has had more than 30 million downloads.
"I'm excited to share the news that we agreed to acquire the Instagram and itstalented team will join Facebook," Zuckerberg said. In about one hour, the postreceived almost 75 000 "tanned".The executive did not disclose the acquisition price. According to Facebook,Instagram was valued at $ 1 billion, to be paid in cash and stock of the social network.Photos by cell"For years we have focused on building a better experience to share photos withfriends and family. Now, we will be able to work more closely with the teamInstagram to also offer the best experiences to share photos with people from theirphones interest, "said the CEO of Facebook.In his statement, Zuckerberg made ??it clear that Facebook does not plan to makeother acquisitions like this and that is the first time that the social network buys a product and a company with many users. "Providing the best experience of sharing photos is one of the reasons why do people love Facebook and we knew it was worth joining both companies."
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