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What does Facebook’s Acquisition of Instragram mean to me?

Instragram is a mobile app that allow you to quickly snap a picture, choose a filter to transform its look and feel and share with your Instragram friends. It’s so easy, it makes sharing your photos instantly a snap (literally)! This app also currently allows sharing to Facebook, Twitter and Tumblr.

This app allows you to quickly touch up or add some interesting flare to your photos. This should make keeping your company Facebook page up to date even easier and pretty good looking! As far as the aquisition and implications to Facebook, really there is no way to tell at this point – other than that Facebook has given the limelight to a cool new tool to try out.. There is no information at this point as to how this will affect Facebook or if it will.
For the first time in Facebook history – they are allowing a company that they acquire to run as a separate entity. Facebook has historically run as a single product, everything feeding back into Facebook. Perhaps Facebook is mimicking Google approach on how they run Youtube and Android and will allow them to remain independent even after the aquisitions?