Google Inc.has agreed to acquire Meebo Inc., a privately-held social platform, the two companies said Monday. The deal will enable Google to expand its social networking service. Although no details have been officially disclosed, the price tag is said to be in the range of $100 million, according to an earlier report by AllThingsD. Founded in 2005, Meebo's main product is a toolbar that sits at the bottom of a publisher's website. It lets publishers display pop-up messages to users, integrates social media sites including Twitter and Facebook and offers a slot for advertising on the left-hand side.
"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. 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,” Google said.
In its blog, Meebo said, "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."
I think its time facebook tighten their nuts!!!!.
