Business

Google is close to buying Meebo, sources say

MOUNTAIN VIEW, Calif. — Google is in talks to acquire Meebo, according to two sources close to the situation.

The price for the company would be about $100 million, according to one of the sources. Meebo CEO Seth Sternberg did not reply to requests for comment.

A Google spokeswoman said the company does not comment on rumors or speculation.

Mountain View, Calif.-based Meebo has been around since 2005, when it was founded by Sternberg, Sandy Jen and Elaine Wherry, who met at Stanford.

The company has dedicated the past seven years to all sorts of different social products and customers.

First it was a web-based instant message client (that’s still live as Meebo Messenger).

Then it launched the Meebo Bar for publishers to add a persistent social sharing and advertising overlay on their sites.

Currently, Meebo’s homepage is pushing a tool for users to “create an interest profile to get new and timely information about the things that matter to you.”

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