San Francisco – Google (NASD: GOOG) will acquire social applications
developer Slide for $182 million, in a deal set to be announced on Friday,
TechCrunch reports.
Founded in 2005 by PayPal co-founder Max Levchin, San
Francisco-based Slide offers photo slideshow and other applications for social
networks.
The company has to date raised some $78 million in financing,
including a $50 million round in 2008 that saw its valuation shoot up to $500
million.
Google also recently invested in social games publisher Zynga.
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(TechCrunch)
