Google Inc. (NASDAQ: GOOG) could climb sharply in the wake of its purchase

Slide Google bought for $ 200 million

In brief: Google Inc. (NASDAQ: GOOG) acquired Slide for further expansion and introduction of new technologies in social games.

Google Inc. (NASDAQ: GOOG) has completed the U.S. stock market trades on a minor note on Friday. Google Inc. (NASDAQ: GOOG) sank to a mark 500.22 points, losing -7.88 (-1.55%).

At the same time, operator of the world’s most popular Internet search engine Google bought the company Slide, dealing with social and computer games, as a strategy to increase competitiveness with Facebook in entertainment services and social networks. According to informed sources, the transaction value was $ 200 million, the details have not been disclosed. It is worth noting that Google is facing increasing competition from Facebook and Twitter, has attracted a growing number of advertisers.

Anrey Torbinski
2010-08-09 09:19, Economics.

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