Thursday, February 21, 2008

Google rumored to acquired Bigmir)net for USD 100m - report

Google, the listed Mountain View, California-based internet giant, has been rumored to have acquired Bigmir)net, the Ukrainian portal, for USD 100m, TechCrunch reported, citing local press reports.
The blog reported that Bigmir)net is a version of Mail.ru, which was a site that Google reportedly was interested in acquiring. Mail.ru had a valuation of USD 1bn.
TechCrunch reported that Quintura said Bigmir)net was launched in September 2000 and reported its 2006 revenue was USD 15m.

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