My Way News - Google Reportedly Talking With YouTube: "SAN FRANCISCO (AP) - Internet search leader Google Inc. (GOOG) is in talks to acquire the popular online video site YouTube Inc. for about $1.6 billion in cash and stock, according to published reports.
Mountain View-based Google and San Mateo-based YouTube are still at a sensitive stage in the discussion, The Wall Street Journal and The New York Times reported on their Web sites Friday, citing unnamed people familiar with the negotiations.
The blog TechCrunch had reported on rumors of the acquisition talks. Google and YouTube officials declined comment.
Analysts said a Google acquisition of YouTube would make sense for both companies if the reported talks lead to a deal, especially considering Google's $10 billion in cash on hand."
No comments:
Post a Comment