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RumorTT: Google eyeing off Meebo, possible acquisition?

RumorTT: Google to acquire chat and social sharing service Meebo

| Business, Financial & Legal News | Posted: May 14, 2012 8:29 am

The rumor mills spins hard over the weekend it seems, with Google rumored to be considering the acquisition of chat and social sharing service Meebo. Reports flew into the offices of AllThingsD, and have said that the deal is in the works, and that Meebo could see a big influx of cash.

 

TweakTown image news/2/4/24073_09_rumortt_google_eyeing_off_meebo_possible_acquisition.png

 

Meebo was founded back in 2005, as a web-based instant message client, which shared the functionality competing services such as AIM, Yahoo IM, and others. Meebo evolved over the years, releasing the Meebo Bar, which added a persistent social sharing and advertising layer to sites users visit, this allowed them to continue chatting to friends, whilst surfing the Internet.

 

Meebo continues to push new services, such as a tool to allow users to create an interest profile to get custom recommendations delivered regularly. According to the sources from AllThingsD, the acquisition could see $100 million for Meebo. Why would Google want to buy Meebo considering they already have their own social-based site, Google+? Meebo does sport 190 million customers... a considerable amount of people in a scoop for only $100 million isn't too much of a stretch for a company the size of Google.

NEWS SOURCES
Electronista.com, Allthingsd.com

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