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Bitium Acquired By Google

Santa Monica-based Bitium, a developer of cloud identity and single sign-on software, has been acquired by Google, Google said on Tuesday afternoon. Financial terms of the acquisition were not announced. According to Google, the acquisition of Bitium will help it with its "Cloud Identity vision". Bitium was venture backed by Amplify LA, Double M Partners, Karlin Ventures, Lazerow Ventures, Polaris Partners, Moonshots Capital, Resolute.vc, and Social Leverage, as well as angels, and was founded in 2012.