Google might acquire virtual exchange creator Jambool in its pursuit for social networking domination, source reveled. The report are based on feed from numerous unidentified experts sources, and have not been incorrigible by either Google or Jambool. Expert’s sources propose that the acquire price will total between $70 to $75 million.

Jambool is the creator of a virtual exchange platform namely Social Gold. Social Gold permits game and application maker to horde virtual financial system, inclusive with analytics and secure, in-game expenses. Social Gold is cost per transaction, and charges game makers among seven and ten percent of each deal. It is at present used in some big name games.

If the gossip is accurate, Jambool will be Google's eighteenth achievement in 2010. Google just obtain Slide, a social networking application company, last week for among $180 million and $230 million. It show that Google is annoying to size up its capital for a social networking revamp, particularly following it shutdown Google Wave, a social networking platform.