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Is Ukrainian Portal website Google latest acquisition?

Online Blog Quintura reports that Google might be eyeing a piece of Ukranian Internetski as it prepares for a big push eastwards.

The search engine is apparently in talks to purchase Bigmir)net (opens in new tab) which is apparently the largest Ukrainian portal with over 2.5 million unique monthly users.

The price tag on Bigmir.net would be close to $100 million based on the price tag that Naspers paid for a 30 percent stake in Russian-based Mail.ru back in 2007.

However, it beggars belilef that Google would start acquiring traditional online portal-like properties that have nothing to provide except eyeballs.

The online search giant prefers to invest in websites that provide with cutting-edge technology (Peakstream, Jaiku), global leaders (Doubleclick, Youtube) or which have huge potentials (Panoramio).

It would also make more sense for Google to buy a majority share in Bigmir)net and provide the latter with the necessary backing from Google in terms of backend features, technology and services.

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.