Google-Chased Groupon Gobbles San Mateo Firm - NBC Bay Area

Google-Chased Groupon Gobbles San Mateo Firm



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    CHICAGO, IL - NOVEMBER 30: A sign marks the location of the Groupon headquarters on November 30, 2010 in Chicago, Illinois. Rumors are circulating that Google is close to reaching a deal to buy Groupon for a reported $5.3 billion. (Photo by Scott Olson/Getty Images)

    The hunted became the hunter overnight when Groupon, an e-coupon company, bought a similarly modeled company in San Mateo called Ludic Labs.

    And all on a day when Google is rumored to spend $6 billion on Groupon, itself.

    Groupon has been the best rumor floating around Silicon Valley ever since Google reportedly started chasing it ... for $6 billion.

    The press release for the deal does not reference Google, but has a typically tongue-in-cheek quote: “Unfortunately we cannot comment on speculation or rumors about our business [for some reason],” said Andrew Mason, founder and chief executive officer of Groupon.

    For some reason? Really?

    Mason keeps his lips zipped with major players like The New York Times, too. He told them he wouldn't grant them an interview to discuss acquisition rumors, but would talk about "[his] other passion, building miniature dollhouses."