Monday, May 14, 2012

Sources: Google Is Close to Buying Meebo

Google is in talks to acquire Meebo, according to two sources close to the situation.
The price for the company would be about $100 million, according to one of the sources.



All Things D - Meebo's latest product promises to help users cut through information overload.

Meebo CEO Seth Sternberg did not reply to requests for comment. A Google spokeswoman gave me the standard “We can’t comment on rumor or speculation” response.

Mountain View, Calif.-based Meebo has been around since 2005, when it was founded by Sternberg, Sandy Jen (who is CTO) and Elaine Wherry (now an advisor), who met at Stanford.           More