[Skunkworks] Google Acquires AdMob For $750 Million

Google has just announced that it has acquired AdMob , the mobile ad platform that has been especially popular on the iPhone, for $750 million. This is a big win for the company's early investors, which include Sequoia Capital and Accel Partners (this is a huge day for Accel - they were also investors in Playfish, which was just acquired by EA). More recent investors include DFJ and Northgate Capital.