Instagram acquired by Facebook
Palo Alto, Calif., USA

Mon Apr 9, 10:02 a.m. PST: +Mark Zuckerberg announced today that Facebook has agreed to acquire +Instagram and that the Instagram team will be joining Facebook.

"For years, we've focused on building the best experience for sharing photos with your friends and family," Zuckerberg wrote in a Facebook status. "Now, we'll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests."

Read more:

+Mark Zuckerberg on Facebook: https://www.facebook.com/zuck/posts/10100318398827991

+Instagram blog post: http://blog.instagram.com/post/20785013897/instagram-facebook

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