
Because Google is one of the largest companies on the internet, its executives are continuously looking for new software solutions to improve the popularity of the brand and to expand the company in the entire world. As you may know, the Asian market has become the most attracting platform for investments, more and more companies being attracted by the revolutionary technology that is developed in these countries.
Yahoo was the first well-known company that decided to invest in Asian companies, making partnerships
and agreements that were meant to revamp the most known internet portal. It seems like Google wants to respond Yahoo in the same way, acquiring a company that provides video download features. Some time ago, the search giant bought YouTube, the largest site that allows you to upload and share videos.
"The investment will probably be disclosed next month, Henry Wang, head of Xunlei's operations in Shanghai, said today by telephone. He declined to give further details.Google's investment in Xunlei, based in Shenzhen, south China, may help it tap growing popularity for online videos in the world's second-biggest Internet market. Existing investors in Xunlei include IDG Venture Capital and Morningside Asia Advisory Ltd. The Chinese Web site also has partnership agreements with companies such as Motorola Inc., Sina Corp. and Shanda Interactive Entertainment Ltd., according to its Web site," Chicago Tribune said.
Well, because the year 2006 is almost ended, many experts already started to talk about the next year, its partnership, releases and of course the future of technology and the future of the giant search engine. This new acquisition can give us a little sign that Google wants to improve its video products, so don't be too amazed if the company will announce a service built on a Xunlei - YouTube technology.