Instagram Aside, Facebook Spent $87 Million on M&A in 2012
Facebook’s Instagram buy got all the attention, but the social network made a few smaller deals, too: It spent $87 million on other M&A deals during 2012, according to documents filed today. That number doesn’t include stock-based compensation, so you can ratchet it up a bit. Excluding its Motorola deal, Google spent $1.2 billion on its 2012 M&A.
