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April 9, 2012 10:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/icghLBDsvwU/
With Instagram Buy, Facebook Officially Pushes M&A Strategy Beyond The Acqui-hire
The very surprising 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.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/icghLBDsvwU/
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