Google Acquires Panoramio, PeakStream
Google picked up yet another company last week, this time Panoramio, a website that links photos with where they were taken. Panoramio’s integration with Google Earth is what caught the eye of Google, with their layer of photos taken all over the world available as a default layer in the software since the beginning of the year.
Google also acquired PeakStream, which helps companies develop software for modern superfast processors, like multi-core processors and GPUs. While financial terms were not disclosed, the company did need to satisfy $17 million in funding, so presumably Google paid an amount somewhat higher than that.
