Google buys Appjet

Google has acquired start up development studio AppJet for an undisclosed amount while Apple has acquired music site LaLA.

Appjet, launched in 2007 by a group of MIT graduates  announced on its website its team will be joining the engineering
 crew in Sydney, Australia responsible for building the Google Wave project.

Meanwhile the Apple transaction has yet to reveal a price for the site, which lets users stream songs and also upload their tracks online so that they can play them from anywhere.

AppJet's flagship product is the EtherPad, a real-time collaboration tool that allows users to write and edit text over an internet connection without delay.

"Appjet, the company behind EtherPad, is a team of highly-talented entrepreneurs with deep expertise in real-time Web collaboration.

Google and AppJet have a shared vision of how web collaboration can benefit users, and we're excited to have the AppJet team contribute to the success of Google Wave," Google said in a statement. AppJet’s CEO Aaron Iba, CTO J.D. Zamfirescu and COO Daniel Clemens, had all previously worked at Google.

The start-up in believed to have raised $700,000 in seed funding to date.

Meanwhile Google is trying to get into the Russian market via signing a search deal with the country’s leading search and email company, Mail.ru.

Google has been trying for some time to get a bigger foothold in Russia, particularly since it was marred by a Russian antitrust ruling in 2008 that blocked its proposed acquisition contextual ad company, Begun.

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