Exciting news: Google has bought Jaiku today.

What does that mean? First and foremost, we’re of course continuing to support our existing users. So fear not: your Jaiku phone, the Web site, IM, SMS, and API will continue to work normally.

That said, new user sign-ups have been limited for the time being. The idea here is to enable our team to get right to work with Google’s engineers on delivering a new, better service to you as quickly as we can instead of spending our efforts on optimizing the current back-end. Existing users will still be able to invite their friends, and those who are not yet on Jaiku can send us a request for an invitation to join.

Jaikido Blog: We’re joining Google

Yet another Google acquisition.  Interesting to see what happens here, is this just a market acquisition move, or do they have plans for the technology.  Will this get integrated into Orkut or stand alone.  You got to wonder when Google will start integrating all these purchases (like, when will I be able to view my feed stats from FeedBurner inside Google Analytics).

Funny that I read this just after reading about how Google handled previous acquisition.