Mark Zuckerberg announced the acquisition of Instagram on April 9, 2012. The deal was valued at approximately $1 billion in a combination of cash and shares of Facebook. This acquisition was a significant move for Facebook as it was the first time they had acquired a product and company with so many users.

𝘗𝘳𝘰𝘫𝘦𝘤𝘵 𝘗𝘭𝘢𝘯𝘯𝘪𝘯𝘨 & 𝘊𝘰𝘯𝘵𝘳𝘰𝘭 𝘚𝘱𝘦𝘤𝘪𝘢𝘭𝘪𝘴𝘵
                             𝘊𝘪𝘷𝘪𝘭 𝘌𝘯𝘨𝘪𝘯𝘦𝘦𝘳 🏠

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