Facebook has concluded an agreement with Instagram, making a reality the expected agreement by a billion dollars. This was announced by Mike Schroepfer - vice president of Engineering at Facebook - in a statement congiunto.L 'agreement was expected in the first half of 2012 and included a part of the payment in the form of shares, therefore, due to the collapse of the Stock Exchange of Facebook, the price final purchase fell to 715.38 million dollars. The delay of the operation is due to the Federal Trade Commission in early May that he had started an investigation to verify compliance with the antitrust laws.
The team of Instagram, which has just celebrated 5 billion photos shared, it will move in offices in Menlo Park. Instagram will be a separate application, although rumors circulate of a hypothetical web version.
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