Google has acquired social networking site Meebo, a possible bid to sharpen the search giant’s social networking acumen. The deal has been the subject of rumors for about a month, after AllThingsD reported the two companies were in talks. Meebo confirmed the acquisition Monday. The companies didn’t divulge details regarding the final price, although several media outlets valued the deal at about $100 million. Neither Meebo nor Google responded to our requests for comment.
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Google Slurps Up Meebo to Get More Social
Posted by: Rachelle Dragani June 5, 2012 10:38 AMGoogle has acquired social networking site Meebo, a possible bid to sharpen the search giant’s social networking acumen. The deal has been the subject of rumors for about a month, after AllThingsD reported the two companies were in talks. Meebo confirmed the acquisition Monday. The companies didn’t divulge details regarding the final price, although several media outlets valued the deal at about $100 million. Neither Meebo nor Google responded to our requests for comment.