Google buys MassVentures-backed Incentive Targeting

Google Inc. has acquired Cambridge online marketing firm Incentive Targeting Inc., a five-year-old start-up that builds software for retailers to offer customers targeted promotions.

Google confirmed the deal Wednesday afternoon, but did not disclose any financial terms. Incentive Targeting had raised nearly $4 million in early-stage funding, largely from area angel investing groups such as Launchpad Venture Group and MassVentures.  For more details on the story, read here.