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Google Buys YouTube

October 10th, 2006 · No Comments

On Monday, Google announced its purchase of YouTube for $1.65 billion in stock. I wrote my Tech Talk on Sunday, so some of the points mentioned may seem a little out-of-date, but I’ll let the series stay as it is.

WSJ wrote about Google’s purchase: “The deal — the largest in Google’s eight-year history — marries Google’s massive collection of computes, data lines and systems for serving up online ads from hundreds of thousands of advertisers with YouTube’s leading position in playing videos for users on the Web. It could transform the Mountain View, Calif.-based Google into a bigger power broker for the distribution of video online, following the mixed track record of its own online video efforts.”

Tags: Search Engines

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