Google to buy instant messaging service Meebo for $100 million

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Google is all set to buy web-based instant-messaging service Meebo in a move to expand itself to reach out to its audience.

“We are happy to announce that Meebo has entered into an agreement to be acquired by Google!” the Meebo team wrote on its blog.

“…Together with Google, we’re super jazzed to roll up our sleeves and get cracking on even bigger and better ways to help users and website owners alike,” Los Angeles Times quoted Meebo as saying

Although no details have been officially disclosed, but it is assumed that the deal is priced at 100 million dollars.

“We are always looking for better ways to help users share content and connect with others across the web, just as they do in real life,” a Google spokesperson said

“With the Meebo team’s expertise in social publisher tools, we believe they will be a great fit with the Google+ team. We look forward to closing the transaction and working with the Meebo team to create more ways for users to engage online,” the spokesperson said

Based on comScore figures from December, Meebo has boasted about 100 million monthly active users, which is likely attractive to Google.

At this point, the fate of Meebo is unclear, however there are reports of re-purposing staff and layoffs

Its product team will be focusing on building out publisher tools for Google+

 

Source: http://www.dnaindia.com

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