May 31, 2007 at 8:53am ET by Barry Schwartz
Google announced last night the acquisition of Panoramio to help continue to complete the Google Earth application.
Eduardo Manchón of Panoramio said he “couldn’t imagine a better scenario than selling Panoramio to Google.” He adds that the acquisition will enable them to work on “a better infrastructure to improve the reliability of Panoramio, more frequent updates of Panoramio’s Google Earth layer, and more resources for some invisible tasks that take time out from working on new features.”
More details at http://www.google.com/intl/en/press/annc/annc_panoramio.html.
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