Google buys YouTube for 1.65 billion dollars

Google has officially announced that it is acquiring a famous YouTube video service for approximately $ 1.65 billion. The deal should be completed in the fourth quarter of this year, and should be one of the significant events in the field of Internet technologies. Let me remind you that YouTube is a giant repository of video files; its archive is updated daily with millions of new videos.

YouTube will continue to maintain its brand, their new headquarters will be transferred to San Bruno, with all 67 employees, including the founders of the portal Chad Harley (Chad Hurley) and Steve Chen (Steve Chen), who support the portal at the moment. Google also will not shut down its own less popular video storage portal.

Based on: http://www.techeblog.com

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