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Google to Acquire YouTube for $1.65 Billion(AP) SAN FRANCISCO -- Google Inc. agreed to buy YouTube Inc. for $1.65 billion Monday in deal that catapults the Internet search leader to the top of the fast-growing business of posting video online.
The all-stock acquisition unites one of the Internet's marquee companies with one of its rapidly rising stars.
The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google in its eight years.
Although some cynics have questioned YouTube's staying power, Google is betting that the popular Web site will provide it an increasingly lucrative marketing hub as more viewers and advertisers migrate from television to the Internet.
"We are natural partners to offer a compelling media entertainment service to users, content owners and advertisers," said Eric Schmidt, Google's chief executive officer.
YouTube will continue to retain its brand, as well as all 67 employees, including co-founders Chad Hurley and Steve Chen, the companies said.
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9 896
Il y a souvent quelque chose de presque mystique, dans le fait d'être tombé sur un livre précis à un moment précis de notre vie.
9 896
Il y a souvent quelque chose de presque mystique, dans le fait d'être tombé sur un livre précis à un moment précis de notre vie.