Monday, September 15, 2008

Google acquires Textcube

Top internet spy Google, has snapped up Korean blogging software developer Tatter and Company.

The Mountain View search behemoth is apparently interested in Tatter's blogging platform, known as Textcube. According to Google, the deal will allow the company to improve its various capabilities in the Korean market.

"We are excited to welcome Tatter and Company's engineering team to Google Korea", announced a Google spokesperson in an e-mailed statement. "Acquiring Tatter and Company will allow us to enhance our online publishing tools in Korea, benefiting a large number of users who already depend on and enjoy Google and Tatter and Company's products".

An excited Tatter co-chief executive Chang-Won Kim confirmed the deal on his personal blog, noting that Tatter had been "Googled".

The acquisition is Google's third in 2008 and comes just two months after reaching an agreement to buy Rambler Media, a Russian contextual advertising firm, for $140 million.

The ubiquitous search company purchased a total of 16 companies in 2007.

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