Google acquires VOIP expert GIPS for $68.2m after it announced a technology for Android app developers to integrate video and audio chat into their products.

Groupon has acquired European clone CityDeal in a move to expand globally.

Mandriva is a merger of the Mandrake and the Conectiva distro. Though, it seems like the company is in heavy losses and wll be acquired by Linagora this year.

Apple has acquired the personal assistant app Siri for an estimated amount of $200 Million. Siri uses cutting edge technology to glue various APIs together to carry out simple tasks for users.

Twitter has made it’s latest acquisition this Friday. It goes by the name of Cloudhopper and is an SMS service that connects to Twitter.

Palm has claimed that it can survive without selling itself. Jon Rubinstein, the chief executive of Palm hopes that other handset manufacturers use its operating system.

A leading Chinese IT outsourcing company has acquired one of the top Salesforce.com partners.

Reliance gaming division Zapak, has aquired a 50% stake in UK game developer Codemasters. Codemasters and Zapak may come up with cheap and affordable desktop and console games for the Indian market.

Google has acquired DocVerse, a company that helps bridge the gap between traditional Microsoft Software and cloud based apps. With a couple of Microsoft Veterans on its team now, Google hopes to strengthen its battle vs. Microsoft in cloud-based technologies.

Google has officially acquired Picnik, the online image editing tool. Picnik would be integrated into Picasa Web Albums, Gmail and Google Buzz in the future.

Facebook has quietly made a small acquisition buying a Malaysian startup Octazen. Octazen developed technologies allowing users to import contacts from other services.

Google acquires AppJet Inc the creators of EtherPad a real-time collaborative solution for text and documents to enhance Google Wave. EtherPad is one of the best real-time services to edit text and documents in real-time.

Gizmo5, the independent IM and VoIP service provider, has been acquired by Google’s Voice service. Google Voice is the telecom service for US citizens from the search-engine giant Google. With the addition of Gizmo5, Google Voice is set to become a formidable opponent of Skype and other VoIP providers.

In a surprising news from Google, the have officially announced the acquisition of reCaptcha, a company that creates captcha images from books.

The biggest news of the day today has been the acquisition of FriendFeed a social aggregation service by social networking giants Facebook, so how is the web reacting to this big news?