Google Inc. (NASDAQ: GOOG) buys Jambool and aims higher

Google Inc. ready to buy Jambool and Social Gold Service

In brief: Google Inc. (NASDAQ: GOOG) can get out of the red zone against a background of multiple purchases, - analysts say.

Google Inc. (NASDAQ: GOOG) was 503.71 points, losing -1.64 (-0.32%) yesterday. Analysts believe that Google Inc. new purchases will help the company shares rise in price quickly.

Google buys Jambool, which established service Social Gold, allows you to add social applications and games support “virtual currency” for internal calculations. According to some reports the transaction amount will be $ 55 million, in addition, from $ 15 to $ 20 million may be paid extra if the financial performance Jambool in the reporting period are higher than the values specified by the parties. Information on the new Google confirms interest in buying the company in social games. In the last week of Internet giant invest at least $ 100 million in browser games developer Zynga and bought for $ 228 million the company Slide, which also is developing applications for social networks.

Igor Tringlers
2010-08-11 12:35, Economics.

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