And so it ends/begins ➡ Facebook Completes Instagram Acquisition http://t.co/vyVmsXa5
September 07, 2012
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Facebook Completes $730 Million Instagram Acquisition
Facebook's acquisition of Instagram is now complete, both companies announced in separate blog posts Thursday morning. The deal was approved by the California Department of Corporations in San Francisco and the Federal Trade Commission late last month. Facebook's Mike Schroepfer and Instagram's Kevin Systrom iterated that Instagram would continue to develop and evolve its own product post-acquistion.