ReadWriteWeb

News that Google had bought Slide came earlier this week, but with little detail other than the $182 million pricetag. This morning, both Google and Slide posted official announcements on the deal, offering a few more details on what to expect.

There has been increasing buzz lately over Google's potential challenge in the social networking sphere, with rumors of a Google Me in the works, and the Slide acquisition only feeds the flames.

In the upcoming weeks, Facebook will be making drastic changes to its system. The site will sport a major UI overhaul and a new platform for developers to work with is in production. Facebook feels these changes will help the social network in numerous ways. However Slide, one of Facebook's biggest application makers, may feel differently.