Google Acquires Slide by Paying $228 M

It has been learnt that Internet search engine giant, Google, has acquired Slide by paying a $228 million.

Slide, which is based in San Francisco, started developing photo-sharing software for social networking sites such as MySpace and now, it has earned the place to be the top third member of Facebook, so as to develop software for the firm.

Earlier on Wednesday, TechCrunch informed that its Founder, Max Levchin was offered a sum of $128 million for vending of its firm, but the real price was still a mere drop from the whopping $550 million worth that its investors offered it in the year 2008.

The kind of strategy that Google follows while making a purchase of game developers seems to be a blow on the booming social networking world, where a majority of the supremacy is in the hands of Facebook and belongs to its 500 million users.

In the most recent days, TechCrunch said that with Zynga, Google will see its new foundation laid with the games developed by Zynga.

Also, the Wall Street Journal informed that Google is trying to set up positive relationships with online game developing service firms like Zynga, Playdom, Electronic Arts and others to include their games in the up-coming game service.