Google Prepare Virtual Currency

After rumors circulated since early this week, Jambool finally confirmed that they had been bought by Google. As we all know is the company's developer platform Jambool virtual currency, Social Gold.
With this step, it seems increasingly clear that Google is developing a social networking or gaming platform itself.

"We are delighted to announce that Jambool now part of Google's big family," said Vikas Gupta and Reza Hussenin, founder Jambool, as quoted from Softpedia, August 15, 2010.

In his statement, their vision is to build products that can help developers to manage and monetize their virtual economies around the world. "When there is an opportunity to work with Google to do this mission, we could not possibly miss it," he said.

Details of the acquisition were not disclosed. However, according to information circulating, Google is paying about U.S. $ 70 million to buy Jambool. The numbers are big, but not how to measure Google which has a cash amount of U.S. $ 30 billion.

Although Google is not much fanfare, it was clear that they are developing a competitor to Facebook. Based on the sequence of acquisitions made by the company as well as rumors that berdar, it seems the game will be an important part of what they develop.

As proof, Google recently also bought the Slide, corporate social gaming applications and price of approximately U.S. $ 182 million. Reportedly, they have also invested U.S. $ 100 million in Zynga, the largest manufacturer of gaming on Facebook.