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Google Closes in to buy “Digg.com”

Google Closes in to buy “Digg.com”

Wifi


This is no suprise as Google moves in to finalise the deal to buy Digg for close to $ 200 million as the search giant continues to expand its news services. Digg was launched in 2004 by a group of young enterpreneurs in US and is one of the top new aggregators.

Should the acquisition go through , then most likely Digg’s three-year advertising deal with Microsoft, which accounts for most of the company’s revenue, would be terminated.

This would be another blow to Microsoft unless it swoops in with a counter offer to Digg.  Will Microsoft seriously consider making an offer to Digg.com

Leave your comments,  let others know what you think . 


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Article by ZK

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  • Shaun@kitchen cabinets September 13, 2009, 5:27 am

    I would have to say I totally agree with you on this one. I think Google would be wise to buy Digg. Great post!

  • Aaron@Web Marketing Services January 19, 2010, 3:16 am

    I think it’s profitable to buy Digg.com. Overtime they can generate more than $200 million a year. By the way, thanks for sharing this. And I wondering if Google have bought Digg.com by the time I post this comment. Sorry for not being updated. LOL.. Thanks again for the link juices 🙂