A few moment ago, it was confirmed that Google has acquired the mobile social networking site Zingku. Also, Zingku has announced the news proudly as " We've entered into an agreement to have Google acquire our Zingku service."
Also, the new user registrations are frozen after the buyout.
What Google might be doing of zingku? My guess is, may be it's going to be integrated with Orkut.

Zingko have been doing really well and has social features like share, invite, poll, flyer and even mashups.

Labels: Acquisitions, Google Inc., Orkut