![Facebook Buys Instagram For $1 Billion Facebook Buys Instagram For $1 Billion](https://lh3-testonly.googleusercontent.com/blogger_img_proxy/AEn0k_s-r3_mKOPMn-IuD7iqVucVJEv7fpiCtvvs_cHYwGwQmdw7tvk7sGHnm7q_Rjhjo2Wb5lfrwr57RUnovxfeIaTV7AFHZX4Jocgf9yCM79EReQIkEPVhGvZPh0_XlqRr0TgAOlYI13V1cvhNBxUC36tofJI=s0-d)
The surprise announcement this morning that
Facebook is acquiring Instagram for $1 billion says a lot about the state of the web startup ecosystem and the tech world at large -- and no doubt, a large part of the industry (and the blogs that breathlessly cover it) will be analyzing what it all means for a while. But for a big part of the financial sector, the deal signals one thing: Facebook has officially made its debut as a major buy-side player when it comes to mergers and acquisitions.
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