Google Acquisition of YouTube Finalized
posted by fl0rence on 10/06/2006 at 08:10pm

An email today received by Michael Arrington of TechCrunch has confirmed that the Google acquisition of YouTube has finally closed at a price of $1.6 billion. A quick phone call to a VC confirmed that the close and price.

YouTube had informal talks with a number of companies about acquisition in the $1.5 - $2 billion range but only Google was able to wrangle YouTube off the market.

I guess we're heading for an exciting Winter season of GooTubing!






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