Google Buys YouTube

The official word is out, Google purchased YouTube for $1.65 billion in stock. Amazing. Many of the rumors mentioned that Google may be going after this, at least in part, to make sure that Yahoo and Microsoft don’t get ahold of YouTube. I wonder if we’ll start seeing that as a trend purchases of Yahoo, Microsoft and Google.

It will be interesting to see where Google’s stock goes tomorrow.

Leave a Reply

Your email address will not be published. Required fields are marked *