Acquires GoInstant For Over $70 Million

Posted Jul 9, 2012 is acquiring startup company GoInstant for over $70 million according to sources with The Wall Street Journal. GoInstant is a two year old startup that raised $1.7 million from investors like Reid Hoffman, Yuri Milner, Chamath Palihapitiya, Baseline Ventures, and FreeStyle Capital. GoInstant has 12 employees.

GoInstant developer technology that allows people in different locations to browse websites together without the need to download a plugin. Users of the service can click, scroll, type, and browse all at the same time. They can also chat through an embedded window.