Status: acquired as of 2012→ Meta Platforms (formerly Facebook)
Instagram is a photo and video sharing service that was acquired by Facebook (now Meta Platforms) in 2012 for approximately US$1 billion. It continues to operate as a Meta product.
Sources
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Instagram — Wikipedia
(en.wikipedia.org)
2024
Facebook acquired Instagram in April 2012 for about US$1 billion.
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Facebook to acquire Instagram
(nytimes.com)
2012-04-09
Facebook said it would acquire the photo-sharing service Instagram.