Google officially announced today that they will acquire video sharing giant YouTube for approx. $1.65-billion. This deal is expected to close by the end of Q4. What are your thoughts?

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. Meanwhile, Google will continue to run a less popular video service on its own site

[via GizmodoYahoo]

Google officially announced today that they will acquire video sharing giant YouTube for approx. $1.65-billion. This deal is expected to close by the end of Q4. What are your thoughts?

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. Meanwhile, Google will continue to run a less popular video service on its own site

[via GizmodoYahoo]