The deal is reportedly worth $182 million with more companies on the way.
Techcrunch is reporting that Google will announce the purchase of social gaming site Slide on Friday. The deal would add to Google’s Social war chest a big name in social gaming. Google is a big investor in the leader in this space, Zynga.
The ongoing thought is that Google GOOG plans to introduce a Facebook competitor called ‘Google Me’, though Google CEO Eric Schmidt says there is no reason for Google to do the same thing as Facebook.
Max Levchin, Slide’s CEO, is one of the founders of PayPal and sits on the boards of a few other Silicon Valley companies.
That’s about 10 times what Google paid for it. SAI says the deal was closer to $228 million…still not an incredible return on the rumored $78 million in total venture capital it received.
Some of Slide’s games are pictured below.
(by the way, I hate Facebook games)