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Google Spends $125 Million On Channel Intelligence

In other Google news, the search giant has acquired Channel Intelligence for $125 million in cash. “Channel Intelligence tracks online retail sales for a number of categories, ranging from computing to consumer packaged goods,” reports Business Insider, citing the company’s blog. “We're unfamiliar with Channel Intelligence, but we assume it will be a part of Google's efforts to ramp up shopping.”

Read the whole story at Business Insider »

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