Google is reportedly brokering a deal to buy local search and review property Yelp for $500 million. Yelp provides reviews for local businesses, including restaurants, spas and pretty much any type of concern one might need to call on to aid them through the daily grind. The Website had 26 million visitors in the last 30 days through November. If Google can get Yelp, it will have a treasure trove of local information with which it can pair contextual mobile ads. If Google does bid for Yelp, it would be Google’s seventh of 2009, preceded by On2 Technologies, ReCaptcha, AdMob, Gizmo5, Teracent and AppJet, all since August.
– With the end of 2009 drawing nigh, Google is reportedly brokering a deal to buy local search and review property Yelp for
$500 million, a royal sum for a company that banked $31 million in funding and
boasts a $30 million run rate.
Google is no stranger to such premiums and set a serious preceden…