Snapchat, which is officially called Snap Inc., filed for IPO early this year March has went public and would now has the capital of the public to offer financial support. But, a report from Business Insider reveals that Google had had an oral discussion on the acquisition of Snapchat with Snap Inc.CEO Evan Spiegel.

The offer was around $30 billion and the negotiations transpired far earlier before the company filed for IPO: early 2016. Google’s offer was allegedly still on the table even after Snap Inc. went public. Of course, Spiegel was not move, he never wanted to trade off the company. Actually, only he and Snap Inc. co-founder Bobby Murphy makes major decisions for the company so public supporters don't have any say about it, even if they desired to.

Although Snap told Business Insider that “these rumors are false,” and Google failed to comment, the news jerked Snap Inc.’s stock price up by 2.3% today after weeks of steady drop.

Google would be a great parent company for Snapchat in the marketing world if it’s real. Also, Snapchat’s curated and sponsored content sections could get a lot of improvement. Anyway it goes, Snap CEO Spiegel would not want to let go the app just like that, principally since Snapchat is his baby.

Yet, Google’s relationship with Snapchat remains close. In actual fact, Google’s investment arm put money on Snapchat after it went public, and Snap - one of Google Cloud’s largest customers has vowed to invest $2 billion on Google Cloud - platform that Snapchat runs on.

Imagine how interesting a combination of technologies between Snapchat’s spectacles and Google Glass. Snap’s AR technology would absolutely be a great plus to Google’s development of Glass.

http://www.tellforceblog.com/2017/08/google-allegedly-wanted-to-acquire.html