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Google acquires Zagat for less than $66 million

Deepanker Verma September 9, 2011 Internet

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Google has just announced to acquire Zagat which is the user-generated restaurant surveys website. Google will use Zagat to its Maps for local search and rating.
Google VP Marissa Mayer wrote on blog,”I’m incredibly excited to collaborate with Zagat to bring the power of Google search and Google Maps to their products and users, and to bring their innovation, trusted reputation and wealth of experience to our users.”‘

Few years ago, Zagat was trying to sell itself for $200 million but now it has been acquired for less than $66 milllion. But the actual price of the deal was not disclosed by company. The Zagat reviews will become part of Google Places and its overall local efforts. Although Google show the Zagat link in search results just below the local place results. But now Google can use it as it want.

Google is trying hands in local deal and maps. So this deal will be helpful for many ways. It will be interesting to see how Zagat wil help Google to improve its products.

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Deepanker Verma

About the Author: Deepanker Verma

Deepanker Verma is the Founder and Editor-in-Chief of TechloMedia. He holds Engineering degree in Computer Science and has over 15 years of experience in the technology sector. Deepanker bridges the gap between complex engineering and consumer electronics. He is also a a known Security Researcher acknowledged by global giants including Apple, Microsoft, and eBay. He uses his technical background to rigorously test gadgets, focusing on performance, security, and long-term value.

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