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Thursday, September 16, 2010

Google to buy Israel's Quicksee: report

The Google Inc logo is projected on a screen during the unveiling of ''Google Instant'' at a news conference in San Francisco, California September 8, 2010. REUTERS/Robert Galbraith
TEL AVIV | Mon Sep 13, 2010 12:22pm EDT
(Reuters) - Google Inc will buy Israel-based Quicksee, whose software enables users to turn video into interactive virtual tours, for about $10 million, financial newspaper TheMarker said on Monday.
Officials at Quicksee declined to comment.
TheMarker said Quicksee's technology is regarded as the missing link in Google's Street View service, used by both Google Maps and Google Earth.
Google acquired Israeli web gadgets provider LabPixies in April for an estimated $25 million.