Tag: acquisitions

  • Instagram goes from $0 to $1 billion in 17 months

    Instagram, the incredibly popular free photo-sharing app, launched in October of 2010. Within the first week, the app had almost 200,000 users. That number jumped to 1.75 million in February 2011 and three months later there were 4 million people using the app. Of course, 4 million isn’t anything to write home about according to…

  • Google To Acquire Motorola Mobility For $12.5 Billion

    Despite being a small contender in the mobile market with only a 3% market share and a net loss of $56 million in Q2 2011, Motorola Mobility (Motorola’s handset division) is being acquired by Google for a cool $12.5 billion. Of course, it has to pass through the government and Motorola’s shareholders first, but if…