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]

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