Facebook has just acquired the massive GIF library and creation platform Giphy, with plans to integrate the service more fully into Instagram. The purchase reportedly cost Facebook $400 million, though terms were not officially disclosed. The purchase was officially announced this morning, when Facebook’s VP of Product Vishal Shah welcomed Giphy to the Facebook family […]
Facebook Buys Giphy for $400 Million, Will Integrate it Into Instagram
PetaPixel - 15 May 2020 17:47
Facebook has just acquired the massive GIF library and creation platform Giphy, with plans to integrate the service more fully into Instagram. The purchase reportedly cost Facebook $400 million, though terms were not officially disclosed. The purchase was officially announced this morning, when Facebook’s VP of Product Vishal Shah welcomed Giphy to the Facebook family […]
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