Ranking of the most expensive photo-sharing acquisitions as of 2012
This statistic shows the most expensive photo-sharing startup acquisitions from 1999 to 2012. On April 9, 2012, Facebook announced its impending acquisition of Instagram, a free photo-sharing app, for approximately 1 billion U.S. dollars in cash and stock, making it the most expensive exit of a photo-sharing website ever. The second-most expensive photo-website sale was News Corp's 2007 purchase of Photobucket.