Google to Buy Digg for $200 million
July 23rd, 2008 | by Ankit |Michael Arrington of Techcrunch, reported this tomorrow that Google is going to acquire digg for $200 million range.
Note that Michael had already reported about this on 7th march and he was that much confident about this news that even after a explanation post from Jay Adelson he was not agreed with Jay.
Acording to Michael
The companies are now in final negotiations according to our sources, although it could be a couple of weeks before it closes. And while the major deal points have been agreed on, the acquisition could still fall apart. Microsoft, which was previously interested in the company, may be willing to step back in at a much lower price.
Seems like one after another Microsoft is loosing its market catch to Google.
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By genuwine on Jul 25, 2008
I hate Digg, it is useless for many stories as their categories are so narrow.