New York, Feb 11 : Google Inc is in advanced stage of talks to buy video website Next New Networks Inc, says a media report.
"Google Inc is in late-stage talks to acquire video website Next New Networks Inc," The Wall Street Journal reported citing a person familiar with the matter.
A deal could be unveiled in the coming week, the report added.
The report said that internet giant is expected to pay in the tens of millions of dollars for the company, seeking to acquire some expertise in landing more professional content for its video site, YouTube. Google is already dominant in Web video through YouTube.
"Google Inc is in late-stage talks to acquire video website Next New Networks Inc," The Wall Street Journal reported citing a person familiar with the matter.
A deal could be unveiled in the coming week, the report added.
The report said that internet giant is expected to pay in the tens of millions of dollars for the company, seeking to acquire some expertise in landing more professional content for its video site, YouTube. Google is already dominant in Web video through YouTube.
PTI
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Airtel Digital HD Recorder / Kerala Vision Digital TV
Airtel Digital HD Recorder / Kerala Vision Digital TV