Google bought LabPixies

According to TechCrunch Google went shopping yesterday. They bought a new Israeli company LabPixies. The company is best known by the popular game Flood-it! for Apple iPhone, in addition they also produced bunch of other games for iGoogle, Facebook, Hi5, MySpace and Android.

Detailed information of the takeover price is not public, but Israeli newspapper TheMaker mentioned numbers between 15 and 25 million dollars which is excellent for the company which made revenue of  $ 1 million in angel funding. Don Loeb from Google explains that the company was bought because of talented employees which will be later connected  to their center for research and development in Tel Aviv to support iGoogle in Europe, the Middle East and Africa.