The giant "G" is on a shopping rampage, as the reports and rumor spread around suggest. Beginning with, a communication with The Times informs the net search giant is at present in consultations to acquire the local economy review site Yelp.
The scale of the deal is predicted to be more than US $500 million. If the deal materialises then Google would be ready to capture the local marketplaces directly buttressing its position.
Yelp was set up in 2004 and has dominance in the marketplace for reviews of local firms and adverts in major metros across America, Canada, UK and Eire. Additionally, Google is closing purchase of DocVerse for supposed purchase cost of around $25 million, reports TechCrunch. DocVerse is a service that offers the users with collusion platform for the Microsoft Office documents. The company set up in 2007 by Microsoft vets Shan Sinha and Alex DeNeui. If Google completes the purchase, the contest at work space will be intensified, particularly with Microsoft Office 2010 slated for release. Well, more to the acquisitions, Google is also eying to buy San Francisco online property pretender Trulia.
According to a dispatch by Kara Swisher of All Things D the Trulia's guessed valuation ranges between $150 million and $200 million. Google has been acquiring around one or 2 firms nearly every month lately, in order firm its standing in diverse verticals. With the news of more lined up, the query remains which one next?
