Meebo has officially confirmed that they are acquiring the chat service Meebo, which is universally known for its web based chat client. It has been 7 years since Meebo’s inception, and since then it has made great strides field of chat and online advertising. Through Meebo’s web based client, users can chat across a plethora of instant messaging services. Since then Meebo has monetized chat through innovative online advertising, which might be one of the reasons behind Google’s decision to acquire the company.
Google might also be interested in the social discovery tools developed by Meebo in the recent times. The new home site launched by Meebo lets user share and discover interests as well as websites. The Meebo bar, which combined chat, ads and sharing, is the biggest source of income for the company. So far there is no confirmed reason why Google decided to acquire the company, or what the future holds for Meebo. The cost of acquisition has been estimated at $100 million, but hasn’t been revealed officially.
The only official confirmation came on Meebo’s blog. Which you can read below:
We are happy to announce that Meebo has entered into an agreement to be acquired by Google!
For more than seven years we’ve been helping publishers find deeper relationships with their users and to make their sites more social and engaging. Together with Google, we’re super jazzed to roll up our sleeves and get cracking on even bigger and better ways to help users and website owners alike.
We’ve had a blast building Meebo so far and we’re really excited to start the next leg of our journey.
Thank you all for coming along for the ride!