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Google’s acquisition spree seems to be never ending. After recently acquiring DoubleClick and Feedburner, Google is in the process of acquiring Spanish Company Panoramio, a photo mapping site. The acquisition is expected to be completed by June end 2007.
Panoramio is basically a social networking website for sharing photos around locations and the website already integrates Google Maps and has also been integrated into Google Earth.
An excerpt from the home page of Panoramio says
Panoramio Announces Planned Acquisition by Google
Today, we are pleased to announce the planned acquisition of Panoramio by Google. This acquisition is a great opportunity for Panoramio uploaders to leverage Google’s reach, increasing the exposure of their photographs to photophiles around the world and for viewers to choose from a larger universe of photographs as Panoramio becomes more widely known. We hope to close the acquisition in mid to late June of 2007. Got questions? Go to Q&A to learn more.
I wonder what Google has up its sleeve next. Any clues?
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