Terms of the deal were not disclosed, but there’s plenty of other information out there. According to Jotspot’s Joe Kraus…
As we built the business over the past three years Google consistently attracted our attention. We watched them acquire Writely, and launch Google Groups, Google Spreadsheets and Google Apps for Your Domain. It was pretty apparent that Google shared our vision for how groups of people can create, manage and share information online. Then when we had conversations with people at Google we found ourselves completing each other’s sentences. Joining Google allows us to plug into the resources that only a company of Google’s scale can offer, like a huge audience, access to world-class data centers and a team of incredibly smart people.
While Jotspot is now closed to new accounts, existing paid customers will get their service for free – a sign that the service will become free to all. According to the Jotspot FAQ for the acquisition:
Both Google and JotSpot are committed to continuing to support customers, and we know our users have invested a lot in JotSpot. Existing customers of the wiki, family site and class reunion site will continue to have uninterrupted access to their accounts and their data will not be affected. In the future, we’ll work hard to move as seamlessly as possible to Google’s systems so that customers won’t be inconvenienced.