Thursday, October 11, 2007

Google Buys Finnish Mobile Software Maker Jaiku

Internet search leader Google Inc. said Tuesday that it has bought Finnish startup Jaiku, which makes a mobile phone application people can use to send short messages about where they are and what they're doing. Based on the local Finnish press, this company has never made any money, has no sales but I am sure the deal was sweet for the Finnish owners. There has been quite a few Finnish companies that have been bought the last year or so. It could be a sign of either these companies having good technology, being cheap or both.

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