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Google Inc. To Buy Social Media Startup Meebo Inc-Reuters
Reuters reported that Google Inc. will buy Meebo Inc, a startup that helps online publishers connect their websites with social network sites, Meebo said on its blog. Last month, technology blog All Things Digital reported that Google was in talks to buy Meebo in a deal worth about $100 million. California-based Meebo provides software that lets users share pages on social networking sites, including Facebook, allowing publishers and advertisers to promote products in interactive ways. Financial terms were not disclosed.
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