This gossip/press in The Mercury News about Google going through extensive diligence to acquire Olive Software and then passing at the final hour does not surprise me one bit. It's troubling as hell and extremely disappointing, and its a bad reputation to start building in Bay Area. We experienced Google wanting to meet with one of our portfolio companies without signing a confidentiality & non-solicitation agreement and they wouldn't.
It looks like, from the amount of comments on this SiliconBeat posting, that this has happened to a lot of folks... It's saddening that a company who's mission is to "Do No Evil" acts in this manner.