Facebook acquires Instagram

Acquisition

Facebook agreed on April 9, 2012 to acquire the photo-sharing app Instagram for about $1 billion in cash and stock, its largest acquisition at the time.

Last updated Sep 26, 2026 by the ATDb Editorial Team · Connections updated Sep 26, 2026

Acquirer

Facebook

Target

Instagram

Value

$1B

Announced

Apr 9, 2012

Status

Completed

Overview

Facebook agreed on April 9, 2012 to acquire the photo-sharing app Instagram for about $1 billion in cash and stock, its largest acquisition at the time.

Deal details

Acquirer: Facebook
Target: Instagram
Deal Value: $1B

Deal terms

Status: Completed

Connection details