Google’s grist for the Cambridge rumor mill
September 17, 2009 by Elad Bushari · 1 Comment
Rumor hath it that Internet search monolith Google Inc. is weighing the acquisition of Cambridge-based Brightcove Inc. According to a report on the Boston Business Journal Web site, Google is reportedly considering paying between $500 million and $700 million for the Internet TV service.
Mark Glaser, the executive editor of PBS MediaShift and Idea Lab reported the story, citing a source “with knowledge of the deal,” the BBJ reported. He speculated that buying Brightcove would give YouTube an entry into paid video service with many traditional media company clients.
the Broker of Bushari Group Real Estate, a boutique luxury real estate firm specializing in the metro Boston area, Cambridge and Brookline. Elad believes in superb customer service and strives to exceed expectations at every opportunity. Elad was one of the top 30 brokers in the nation under 30 years old (Realtor Magazine, June 2009) and one of the top 25 Real Estate Agents in the metro Boston area in 2008 (according to MLS PIN). In his free time, Elad enjoys snowboarding, scuba diving and is an avid world traveler. Elad can be reached at (617) 529-7079.
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