As per the report, Google proposes this offer on 31st March to take over majority stakes of the festival and organsers were agreed on it.
Google now owns 51.2
Though the amount of acquisition is still undisclosed, Pixr8 sources said the deal is around $1.2 billion.
There is no secret that Google founders have had a presence at the festival since its inception for years and Sergey Brin, and Larry even hired its first CEO (Eric Schmidt) back in 2001 based on how he managed at the week-long pilgrimage.
Marcus Fooly, Google’s Chief of Fun and Games division revealed some inputs of Google that have some plan for the next festival.
“We don’t want to change too much about the event, we just want to compliment the essence of the Burn. We’ll be adding our trademark Google Os as eyes for the Burning Man effigy and also renaming Robot Heart to Roobot Heart, but as you can tell, it’s only minor changes to the aesthetic.”
When asked what they’d be actually “offering and giving” to the festival, something that forms the backbone of Burning Man, Fooly said that there would be “An on-site search engine where people can request amenities like food, water and glitter.”