Google acquiring Web-based photo editor Picnik

Picnik, which makes an online photo editor, announced on its blog Monday that the company is being acquired by Google.

The editor works directly with online photo libraries like Flickr, Facebook, and Picasa Web Albums. Users can also upload files to the service and download them again when they are done. The editing capabilities it offers are a natural complement to a Picasa, even though the technology appears to be a mismatch: Picnik works in Flash, while most advanced Google apps use the slower JavaScript. (Google, however, is working to improve JavaScript performance with its Native Client technology.)

Neither Picnik nor Google provided financial terms of the deal in their blog posts.

Flickr uses Picnik by default. It will be interesting to see how Yahoo, which owns Flickr, deals with the new owner of its preferred photo editor.

Picnik is a Webware 100 winner. It competes with Pixlr, Fotoflexer, and Aviary.