SANTA MONICA, Calif., June 5 (UPI) -- U.S. search engine firm Google said it had gone on a small shopping spree Monday and Tuesday, buying two Silicon Valley companies.
ABC News said that Google purchased instant messaging firm Meebo for what All Things D estimated was about $100 million.
That was Monday. On Tuesday, Google made another purchase, buying Quickoffice, a firm that develops applications for both Android and Apple iOS operating systems.
"With the Meebo team's expertise in social publisher tools, we believe they will be a great fit with the Google+ team. We look forward to closing the transaction and working with the Meebo team to create more ways for users to engage online," a Google spokesman said.
In an online posting, Google Engineering Director Alan Warren said, "Today, consumers, businesses and schools use Google Apps to get stuff done from anywhere, with anyone and on any device. Quickoffice has an established track record of enabling seamless interoperability with popular file formats, and we'll be working on bringing their powerful technology to our Apps product suite."
Google did not release financial details of the purchases. Regardless, "the fact that Google realizes they need to buy instead of build is, in a sense, a refreshing sign of business maturity," said Patrick Moorhead, market analyst at Moor Insights & Strategy.