Mergers & Acquisitions: Google Acquires Angstro For Undisclosed Amount

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Uploaded by on Aug 30, 2010

Google (NASDAQ:GOOG) has acquired Angstro, a startup that sorts news and information across social networks like Facebook, according to comments from a spokesman for the leading Web search provider, Reuters reported. Angstro, which is based in Palo Alto, California, developed applications to locate photos on Facebook, combine caller ID with LinkedIn profiles and other tools for Twitter. Google didn't disclose terms of the deal. Microsoft (NASDAQ:MSFT) also announced a partnership with Twitter and Facebook to offer real-time search results. SmarTrend currently has Google in a Downtrend. Since 2008, SmarTrend subscribers trading Google using our alerts outperformed the stock by 444%. We are monitoring these developments and will alert subscribers to any change in trend.

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