John Murrell

Recent Posts by John Murrell

Google Pays Real Money for Virtual-Goods Payment Processor

As tipped by TechCrunch earlier this week, Google has snapped up Jambool, maker of the Social Gold platform, which allows social app and game developers to manage and monetize their virtual economies. The price wasn’t disclosed, but TechCrunch’s sources pegged it at $55 million plus $15 million to $20 million more in an earnout. The purchase comes just a week after Google confirmed it had bought social app and game outfit Slide.