Google cost about 15 million U.S. dollars to purchase video site Omnisio
This business news is provided from the West Technology Limited
July 31, according to the U.S. Internet blog site TechCrunch, the United States Google Inc. recently bought a California video site, the video site’s technology will replenish Youtube site.
The company name Omnisio, under the Y Combinator company. Founded in March of this year.
Google has not disclosed prices, but estimated TechCrunch site this acquisition is all cash transactions, Google may cost 15 million U.S. dollars.
This site created by three Australians (Ryan Junee, Julian Frumar and Simon Ratner), a feature of the site services can be so different from the Internet video site in the interception of the video part of the region, then its reorganization into a new Video, and uploaded to the site.
According to reports, Y Combinator companies to invest in a number of Internet start-ups, such as in 2006 they bought Reddit, the beginning of this year the company acquired Auctomatic.
Google spent 1.65 billion U.S. dollars on the acquisition of the Youtube site, Youtube has become the world’s largest video sharing site. However, Google is currently facing a problem that Youtube is admired but not gain much, CEO Schmidt said, Google has not yet found the best way to make money for Youtube.
