Google’s new deal indicates its interest on Social Networking Market.
Google Inc. has signed deal to buy Aardvark. Aardvark is a San Francisco based Internet search and social networking company. Aardvark’s service taps a person’s network of social contacts. It introduced ‘social search’ instead of typical searching.
The purchase represents the latest sign of Google’s interest in the fast-growing social networking market. At present, most of social networking market is captured by companies like Twitter and Facebook. Recently Google has introduced a new product called Google Buzz into its Gmail Web-based email service. Google Buzz directly integrates Twitter-like social networking features.
Google said that it had signed a conclusive agreement to acquire Aardvark, but it did not comment about the amount of the deal, but technology blog TechCrunch has demanded deal was for $50 million. The deal acquisition deal between Aardvark and Google was expected to close within the next week.



Google said its testbed fiber-optic network will deliver speeds of 1 gigabit per second which would be roughly 50 to 300 times faster than most U.S. homes cable and fiber-optic networks to the Internet today.
It is not the first time Google has tried to launch a social network. In 2004, it released Orkut. Recently Google Inc. has signed deal to buy a San Francisco based Internet search and social networking company named 






My Elance Profile
Recent Comments