After several days of negotiation, Google has just announced the acquisition of Youtube for US$ 1.65 billion dollars.
YouTube will continue operating as an independent service, but both companies will be benefit by sharing their technologies. For example, the have announced AdWords’s support in the videos.
Together with the acquisition of blogger, this one looks like one of the big plays in the strategy of Google for dominated the web services. Besides, today even Google and YouTube have realized agreements with diverse companies of audio-visual contents (CBS, Warner and Universal) to obtain licenses of materials with copy rights.
Link: Google Press Center