Acquisition Mania continues with Panoramio and Google
Filed in archive Technology by tj on May 31, 2007
Wow watching major tech deals in the last 4 years on this blog it strikes me that its not only the less time I can spend to maintain this blog it's also the number of deals is amazing.
Today Panoramio - a born to be sold to Google company - has met its destiny:
Google said Thursday it is buying a Spanish photo-sharing website that lets people pin pictures to the Internet search firm's online mapsto show where they were taken.
Google and Panoramio have been allies for months, using the Spain-based company's technology to let photographers "geo-locate" pictures by linking them to points on Google Earth maps where they were created.
While the companies' technical teams will merge, the Panoramio facilities in Spain will remain in operation, according to Google.
Google said that the purchase is pending and it is too early to say precisely how Panoramio will be integrated into the company.
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