Groupon Getting Searchified
December 29, 2010
If you take a turn to the West, you’ll find that the Groupon company has been busy. TMCNet reports on Groupon’s growth spurt in “Groupon Acquires Ludic Labs, Expands West Coast Headquarters.” Through Groupon’s Web site, people can find limited time deals exclusive to their town. They opened a new office in Silicon Valley and will be able to go from a staff of twenty-five to over one hundred in the coming year.
“Meanwhile, the acquisition of Ludic Labs should enhance Groupon’s talent pool and allow the company to continue to push its valuation to new levels. By absorbing Ludic Labs, the ever-evolving group buying site will bring on several of the company’s upper management personnel, including Paul Gauthier, co-founder of Inktomi, and David Gourley, who was the former chief technology officer at Endeca.”
What’s interesting is that while Groupon is expanding, they are also entertaining a buyout offer from Google for $5.3 billion. Rumors say that that the acquisition may pull through, but in the technology world who knows?
Stephen E Arnold, December 29, 2010
Freebie
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