Mark Zuckerberg, the boss of the social network, announced Monday the acquisition of the site dedicated to sharing digital photographs.
Facebook said Monday it bought up the website specializes in sharing photographs Instagram, for $ 1 billion (766 million), paid in cash and stock. Instagram launched its first iPhone application in 2010 and now has 30 million subscribers to its free service in the world. The ranks of amateurs for sharing digital photographs grow very quickly. They were 1 million early last year and about 15 million end of 2011. The company last week launched the same application for phones running Google’s Android operating.
Instagram “will continue to develop independently,” wrote Mark Zuckerberg Monday, the head of social network on its own Facebook page. He added: “For years, we focused on the best way to share photographs with friends and family. Now, we will be able to offer the best possible experience to share beautiful photos (taken with mobile, Ed) phones, according to everyone’s interest “He said he was also” happy “that the team Instagram join. The company was founded “there almost two years” by two former graduates of Stanford University in 2006, Kevin Systrom, the current CEO of Instagram, and his friend Mike Krieger.
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