Internet search services provider Google Inc. has reportedly acquired Internet company Angstro. Google has confirmed the acquisition. However, it declined to comment on how it planned to use Angstro technologies. Financial terms were also not disclosed.
This acquisition is seen to be part of Google's efforts to build a social-networking service that can effectively compete with Facebook Inc. Rohit Khare, one of the founders of the company, will now serve Google in a new role.
The move is the latest in a series of acquisitions by Google aimed at boosting its social-networking offerings. Angstro marks the fourth company acquired by Google this month. Earlier during the month, Google bought Slide, a social games developer; Jambool, developer of the Solid Gold virtual currency platform that competes with Facebook Credits; and Like.com, a visual shopping engine.
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