Msg#: 4185923 posted 12:26 pm on Aug 12, 2010 (gmt 0)
Google continues to gobble up companies that will form the backbone of its new social strategy and the upcoming war with Facebook. Last week it was Slide. And they are now buying Jambool and their Social Gold payment product, we’ve heard from multiple sources. The purchase price is $55 million plus another $15 million -$20 million in an earnout, say our sources.
Msg#: 4185923 posted 11:53 pm on Aug 12, 2010 (gmt 0)
Google might be building a replacement to traditional search results. If they can get users to create enough information rich pages there would be no reason for anyone to want a list of 3rd party sites. Knol was a bust, this looks to be better.
Google couldn't be that, this might be. I doubt it, again nobody is asking for another dominating monopoly from Google.
Msg#: 4185923 posted 9:36 pm on Aug 14, 2010 (gmt 0)
We are excited to announce that Jambool is becoming a part of the Google family today. Our vision is to build world-class products that help developers manage and monetize their virtual economies across the globe. When the opportunity arose to join forces with Google to execute against this vision, we couldn’t pass it up. We are thrilled to bring the Social Gold platform to Google’s global users. And we invite you – our customers, partners, and friends – to continue on the journey with us.