- Instagram is a small company that created Instagram applications for mobile devices.
- This application allows users to share snaps taken though their mobile devices.
- This app also allows users to add visual effects to their snaps (quite popular, 30 million users).
- This is going to be the largest acquisitions in the history of social networking.
- Facebook plans to use Instagram to develop "new features" on the networking site, which might create a huge craze among its users.
- This acquisition is to be completed by June 2012.
- Facebook has plans to run in separately.
