Instagram Status
The company was acquired by Facebook (NASDAQ:FB) for $1 billion on August 31, 2012. The purchase price was comprised of 23 million Facebook shares priced at $18.06 apiece and $300 million in cash.
Provider of an online photograph sharing application. The company provides a free photo sharing application that allows users to take photos, apply a filter and share it on the service or a variety of other social networking services, including Facebook, Twitter, Foursquare, Tumblr, Flickr and Posterous. Its application is compatible with any iPhone, iPad or iPod Touch running iOS 3.1.2 or above or any Android device running Android 2.2 or above.
Employees
1 K
General Information
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Website
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Business Status
Generating Revenue
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Ownership Status
Acquired/Merged (Operating Subsidiary)
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Financing Status
Formerly VC-backed
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Headquarters
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HQ Address Line 1181 South Park Street
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HQ Address Line 2Suite Two
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HQ CitySan Francisco
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HQ State/ProvinceCalifornia
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HQ Post Code94107
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HQ CountryUnited States
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