Google Buys Meebo For $100M

[Techtaffy Newsdesk]

Google is acquiring the company, says Meebo in a blog post. The size of the deal was not disclosed, but according to a San Francisco Chronicle report by Bloomberg writer Ari Levi, the size of the deal is around $100 million.

Meebo, founded in 2005, is a consumer Internet company that reaches approximately half of the U.S. internet population, and is focused on driving user engagement across the Web with its flagship product, the Meebo Bar. Meebo also lets users build their own web experiences around the things that interest them the most. Meebo is privately held and is headquartered in Mountain View, California, with offices in San Francisco, Los Angeles, Atlanta, Chicago, and New York.

According to comScore, 45 of the top 100 advertisers use Meebo.

[Image courtesy: Meebo]

Just in

ArmorCode raises $40M

Palo Alto, Calif.-based ArmorCode, a company specializing in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), has raised a $40 million Series B funding round.

IBM unveils Heron processor and Quantum System Two

IBM unveiled the Quantum Heron processor at the company's annual Quantum Summit in New York on Monday, along with Quantum System Two, a modular quantum computer featuring three IBM Heron processors. 

Microsoft joins OpenAI’s board with Sam Altman officially back as CEO — The Verge

Sam Altman is officially OpenAI’s CEO again, writes Alex Heath. 

AWS, Salesforce expand strategic partnership

Amazon Web Services (AWS) and Salesforce announced an expansion of their global strategic partnership, deepening product integrations across data and artificial intelligence (AI), and for the first time offering select Salesforce products on the AWS Marketplace.