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09/04/2012 Facebook buys Instagram for $1 billion

1:19

Facebook Buys Instagram. Is It Worth $1 Billion?

3:39

Facebook buys Instagram for $1 billion

7:35

Gary Vaynerchuk on Facebook, Instagram

2:30

Why Facebook bought Instagram

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Facebook Stole Instagram for $1 Billion

Facebook bought Instagram for $1 billion in cash and stock, with a plan to keep the company independently managed. Britain's Office of Fair Trading approved the deal on August 14, 2012, and on August 22, 2012, the Federal Trade Commission in the U.S. allowed the deal to proceed as well.