The Dealmap, a network that gathers deals from the web, has been acquired by Google. The Dealmap was launched in May 2010 and has built a product where people could find and share local deals, all in one place. In its first year alone, The Dealmap grew to more than two million users of its web, mobile, social and email products, and more than 85 million monthly visitors to its partner network.

"We believe Google provides the ideal platform to help us accelerate our growth and fulfill our mission. We're passionate about helping people save money while having great local experiences, and in Google we've found the perfect partner that shares this passion, as well as our vision and strategy. We believe that joining Google will help us innovate in new and unexplored areas of commerce," The Dealmap team wrote at the company's blog.

For the time being, Dealmap will continue to support The Dealmap's core products and partner services. People will still be able to access local and daily deals through The Dealmap website, mobile apps, and daily email, and the company will continue supporting The Dealmap API and feeds for existing sourcing and distribution partners.