Google Inc. is reportedly in talks to buy Yelp Inc., whose website enables users to review restaurants and other businesses -- a possible sign that the search giant is ready to train its computing power on the local advertising market.
The website TechCrunch, citing anonymous sources, said Friday that the two companies were close to a deal and that the price could be in the neighborhood of $500 million. Both companies declined to comment.
Analysts said Google -- which acquired AdMob Inc., a developer of mobile ad technologies, last month for $750 million in stock -- is probably interested in Yelp's sales force, which operates in 30 markets and knows how to sell to local advertisers.
"This would be the closest Google has gotten to buying a 'sales force' with a meaningful 'on the ground' presence in the form of local editorial people in market and telephone salespeople," Greg Sterling wrote on the Search Engine Land website.