TechCrunch is reporting that online video sharing site, YouTube, has signed a deal to be acquired, putting another notch in the web 2.0 acquisitions belt. Its funny to think how the whole industry has turned on its head, at least thats what it looks like. I know they say that everything comes full circle but this is mad. There isn’t a day going by that some Silicon Valley startup isn’t being acquired by a higher cause. There’s no names around yet as to who exactly is going to snap it up but seen as Google already launched Google video, can we say that Yahoo are going to step up to the plate? Maybe AOL? YouTube itself isn’t even 12 months old yet!