Google Buys YouTube

MMM | October 10, 2006 – 9:59 am |

Google - YouTubeSo the rumours were true and Google has officially announced that it will be acquiring YouTube for $1.65 billion in a stock-for-stock transaction.

Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community. YouTube

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» Posted in: Web, Tech & Design

  1. One Response to “Google Buys YouTube”

  2. samsoum on Oct 10, 2006 | Reply

    Google could not bear being #5 in such a popular market where YouTube is getting 100 Millions downloads a day. Google’s vision is to be #1 web site destination for consumers so it can put its adSense machine in play. Nevertheless it has to deal with the legal hurdle of copyright/child protection…etc.
    I posted an article yesterday about this at http://samsoum-usa.blogspot.com/2006/10/google-said-to-buy-youtube-for-16b.html

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Subzero Blue is the personal weblog of Mohamed Marwen Meddah, an IT manager, amateur photographer and web enthusiast from Tunisia. This site is updated frequently with a variety of topics that I find interesting, from all over the world... Read More »