after weekend speculation and information to withdraw from the transaction, decided to buy Google's service YouTube for 1.65 billion dollars . It is the largest business transaction in its eight year history.
Established in February 2005, YouTube quickly urusł to one of the most popular sites around the Internet. Currently, there is a daily watched 100 million short videos, and monthly visits a page www.youtube.com about 72 million individual users.
- Companies are natural partners, and the team built a powerful platform YouTube media that complements Google's mission to organize the world's information, share it as useful. - said in a statement, Google's chief executive, Eric Schmidt .
Schmidt, addressing the investors said that YouTube is one of the investments that Google plans to do on the video.
Google and YouTube will continue to operate independently. YouTube retain its brand, "the crew" (67 people) including the site founders, Chad Hurley and Steve Chen. In this , short film, both say of the situation.
entire statement on the Google purchase of YouTube can be found here .
source: news.bbc.co.uk , mediarun.pl
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