Tuesday, July 31, 2012

Reuters: Technology News: Google acquires social ad start-up Wildfire

Reuters: Technology News
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Google acquires social ad start-up Wildfire
Jul 31st 2012, 19:25

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A woman walks past the Google Chicago headquarters logo in Chicago, March 20, 2012. REUTERS/Jim Young

A woman walks past the Google Chicago headquarters logo in Chicago, March 20, 2012.

Credit: Reuters/Jim Young

By Alistair Barr

Tue Jul 31, 2012 2:57pm EDT

(Reuters) - Google Inc said on Tuesday it acquired marketing start-up Wildfire to help the world's largest Internet search company expand further into social media.

Wildfire provides software that links to Facebook Inc, Twitter, LinkedIn Corp and other social networks, allowing customers to manage their online brand and presence. Clients include Sony Corp and Amazon.com Inc.

Google and Wildfire did not disclose a purchase price. All Things D reported that Google paid about $250 million for the business.

(Reporting By Alistair Barr; Editing by Gerald E. McCormick)

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