Google Rumored Close to Digg Acquisition for “Around $200 Million”
July 28, 2008
Stumble it! May be true? We all know that Google wanted Digg for so long, and it will be very good for their Evil plan 
Social news site Digg.com, a perpetual target of acquisition rumors, is in “final negotiations” to sell itself to Google for $200 million, according to a TechCrunch report Tuesday that cited multiple sources.
The two companies have been in talks to bring Digg into the Google News group, but it could be a few weeks before the deal closes, if it closes, according to the report.
Source: CNET
Google’s on and off negotiations with Digg have been back on in a big way for the last six weeks, we’ve heard from multiple sources inside of Google, and the two companies are close to a deal that will bring Digg under the Google News property. The acquisition price is in the $200 million range, says one source.
Source: TechCrunch
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July 29th, 2008 at 12:01 am
Hey Glady,
Happy to see you, where were you?
July 31st, 2008 at 12:13 pm
Google wants to be the Internet God!
Look at Lively, Knol and AdSense.
Now that they know they cant build another Digg, they decided to buy Digg!
August 20th, 2008 at 6:10 am
It just makes since to buy a trusted site like digg rather than compete against it.
Steve
September 16th, 2008 at 8:16 am
Well there won’t be anything Google doesn’t own before too long.
October 16th, 2008 at 3:33 am
Digg might not be a good investment after all.
November 2nd, 2008 at 1:26 pm
For 200m, thats alot of money. Digg in fact does have a lot of potential for what see, since their newly launch and updating of their TOS.