News Update: Google Buys Social Deck As Acquisition Spree Continues

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Google (NASDAQ:GOOG) acquired Social Deck, a company that makes social games and platform technology for mobile devices. Terms of the transaction were not disclosed. Google is on an acquisition spree lately, in order to boost its presence in the social networking industry. Other recent acquisitions in the area include Angstro and Slide. SmarTrend alerted subscribers to take profits in Google on August 20, 2010 at $466.30, since then the stock fell 2.9%. We are now watching for any positive developments that could result in a new uptrend signal.