BUSINESS
05/04/2009 05:12 am ET Updated May 25, 2011

Sorry to Get You All A-Twitter, but Google Is Not in "Late-Stage Talks" to Acquire the Hot Microblogging Service [BoomTown]

In fact, Twitter and Google have simply been engaged in "some product-related discussions," according to one source, around real-time search and the search giant better crawling the microblogging service. More importantly, said another source about the idea of an imminent acquisition or serious or even early talks: "Seriously, no negotiations, no deal, nada". 4

Arrington says his third source claims the talks may only result in the two companies collaborating on a real-time search engine for Google. During the conference, Schmidt said Google would wait for "prices to get better" before attempting any acquisitions. 3

US Internet giant Google is in negotiations to acquire micro-blogging sensation Twitter for over 250 million dollars, technology blog TechCrunch reported on Friday. Citing two sources familiar with the matter, TechCrunch said Google would be making an offer below the 500 million dollars Facebook proposed to Twitter a few months ago, and would pay in cash or publicly valued stock. But a third source told TechCrunch, which is a partner of the Washington Post s website, that the acquisition discussions were still at an early stage and both companies were mulling working together on a Google real time search engine. 5
  1. Google Should Offer to Buy Twitter for $1 Billion (Alley Insider)
  2. Twitter to Google? Too Soon (Alley Insider)
  3. Google to Buy Twitter? Report Says Deal Is in the Works (PC World)
  4. Sorry to Get You All A-Twitter, but Google Is Not in "Late-Stage Talks" to Acquire the Hot Microblogging Service [BoomTown] (All Things Digital)
  5. Google in Talks to Take Over Twitter (Yahoo Blogs)
  6. Sources: Google in Talks to Acquire Twitter (Updated) (TechCrunch)

Read more on Dygest.net