Google Acquires Aardvark For $50 million (Confirmed)
Update: Aardvark CEO Max Ventilla emails to say “We can now confirm that Google has signed a deal to acquire us but have no further comment.”
Google has acquired social search service Aardvark, says a source that has been briefed on the deal, for around $50 million. We first reported on the discussions between the two companies in December. Those discussions have now turned into a signed deal, says our source, and will be announced today or tomorrow.
Aardvark, founded by ex-Googlers, has raised around $6 million in venture capital to date. The service lets users ask questions and get immediate responses from their friends and friends of friends.
Earlier this month the company published a research report that included some key stats about their business:
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