"Facebook has just announced that it will acquire Instagram, the popular mobile photo-sharing service for $1 billion in cash and shares. The social networking giant posted on the acquisition, its biggest yet, on its site, as well as on CEO and co-founder Mark Zuckerberg’s Timeline on Facebook." • #профото - × × ×

Zuckerberg also promised that Facebook would keep the company independent and that such a large purchase would be rare for the company, which is set to go public soon. ¶ “This is an important milestone for Facebook because it’s the first time we’ve ever acquired a product and company with so many users,” he wrote. “We don’t plan on doing many more of these, if any at all.” - × × ×