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Google set to complete sales negotiations with software firm

TheMarker claims Google will buy Quicksee for $10m

13 September 2010

Google is set to acquire Quicksee after completing sales negotiations with the software firm, according to reports.

Financial newspaper TheMarker has revealed that Google will purchase the Israeli company in a $10 million (£6.5 million) deal.

Quicksee's software allows users to develop a 360-degree virtual environment from an ordinary film.

Customers can simply record any area with a camcorder before uploading it onto the Quicksee server with geo-location data.

This video can then be incorporated into a Google Map or Google Earth to enable internet users to view the interior of buildings they may otherwise be unable to see.

The technology will compliment Google's Street View service, which currently only shows the exterior of structures.

Both Google and Quicksee have declined to comment on the alleged deal.

In April, Google purchased Israeli technology firm LabPixies for an estimated $25 million (£16.2 million). 

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