Confirming earlier rumors, Jambool has announced their purchase by Google. Terms were not disclosed on the deal.

“Our vision is to build world-class products that help developers manage and monetize their virtual economies across the globe,” reads a post by the company founders. “When the opportunity arose to join forces with Google to execute against this vision, we couldn t pass it up. We are thrilled to bring the Social Gold platform to Google s global users. And we invite you our customers, partners, and friends to continue on the journey with us.”

“Over the last few years, we have had the great fortune of working with an incredible team,” they continued. “Every day, we are amazed and humbled by what they have accomplished. We have had terrific support from our partners, investors and advisors; and we are lucky to have worked with each of them. Thank you!”

“As a team, we remain passionate about innovating on behalf of our customers. We aim to deliver the most frictionless, seamless transaction experience inside applications and games on every platform. We are thrilled to be part of Google, and we look forward to the exciting road ahead,” concluded the post.

Source: blog.jambool.com {link no longer active}