By Durk Price
After more than a week of speculation and rumors that Groupon would be acquired by Google, the deal is now officially off. You can find all details of the non-deal and the financial implications at TechCrunch.
Although, I was very excited about the synergies of Google and Groupon, the fact that the deal is off doesn’t change my mind about the potential for Groupon’s model and how it can impact local search and local marketplaces. Regardless of whether Groupon opts to partner with another big player (maybe Microsoft, AOL, Yahoo, or eBay) the power of Groupon’s local reach will have huge potential in the local space for performance marketers.
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