Google aquires you tube for $1.6 billion. waw !!!!!

Did u people hear the news. Google has aquired youtube for a massive $1.6 billion . The service is not quite two years old and already it's worth $1.6 billion (!)—or at least it is to Google.

Founded in in February 2005, YouTube is a consumer media company for people to watch and share original videos worldwide through a Web experience. Every body in the industry had a watch on youtube. But google did the quick move. No one would have estimated the real worth of youtube , than google, the young innovative software giant.

In one sense, I should call google young because compared to other industry head, google was founded very recently.(1998). But I may be wrong, if i dont put the word Giant to it. This young company has now questioned the very survival of many peers of the field.

Steve Balmer said that they could create youtube site themself. But the point they didnt see is the community of users behind youtube. The site currently delivers more than 100 million video views every day with 65000 new video uploaded daily.

This wopping server space remembers me on the concept of server farm, a collection of reliable servers to save all these massive informations. Creation of server farm and the race of the IT giants to do this is really nice to watch. I will be covering this topic, in one of my future blogs.