Google (NSDQ: GOOG) is set to make another not-so-small acquisition, this time for virtual currency company Jambool, TechcCrunch reports, citing unidentified sources. The price is estimated to be around $70 million, including earnouts.
If this deal goes through, it would be the search giant’s 19th since August ’09. Speaking of which, Jambool raised a $5 million funding exactly a year ago. Along with analytics and demand-side platforms, social payment startups are a current favorite among investors and companies like Google which are looking to keep acquiring.
Jambool

{"source":"https:\/\/gigaom.com\/2010\/08\/09\/419-google-to-buy-social-payment-provider-jambool\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_d45ab15aad025c092a3265bec312cb6f","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}