Thursday, October 12, 2006

Google is buying YouTube for $1.65B


YouTube cofounders Chad Hurley, 29, left, and Steven Chen, 27. They are so young !!

Google is in the process of accquiring popular internet video service provider, YouTube for $1.6 billion! The deal is expected to close before the end of the year.

YouTube will continue to retain its brand, its new headquarters in San Bruno and all 67 employees, including co-founders Chad Hurley and Steve Chen. Google video will still be around.

Google's co-founders, Larry Page, 33(left) and Sergey Brin, 33 (right)

About google buying YouTube

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