California, Aug 2: The search giant Google has acquired a location based service called The Dealmap, which has more than 2 million users.
The Dealmap, which was launched in May 2010, is a comprehensive source to find and share the hottest local deals, all in one place. It's expected that Google will add the Dealmap service to its recently launched Deals service.
The Dealmap announced the acquisition through its blog, but refused to disclose the financial terms of the deal.
"We believe Google provides the ideal platform to help us accelerate our growth and fulfill our mission. We"re passionate about helping people save money while having great local experiences, and in Google we"ve found the perfect partner that shares this passion, as well as our vision and strategy. We believe that joining Google will help us innovate in new and unexplored areas of commerce," The Dealmap said in its blog.
Dealmap said that they will continue to support its core products and partner services. "People will still be able to access local and daily deals through The Dealmap website, mobile apps, and daily email, and we"ll continue supporting The Dealmap API and feeds for existing sourcing and distribution partners."