Google has acquired AdMob for $750 million, a huge price for an innovative start-up that hass pioneered online ads on mobile and now smart phones.

BoomTown visited AdMob last fall and posted about how it was likely to eventually be acquired by…Google!

The move is a major one for the search giant, which has been pushing hard into the mobile advertising space as it seeks to grow its already considerable Web business. AdMob is arguably the fastest out of the gate in the nascent arena.

Plus, here’s AdMob CEO Omar Hamoui in a video interview with me last November, as well as the official press release on the sale.

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BoomTown did a video interview with Palm’s sugar daddy investor Roger McNamee at the Consumer Electronics Show last week, after the debut of its Pre smartphone.

Via Elevation Partners, McNamee has invested a total of $425 million in Palm, aimed at reviving the company that pioneered the smartphone market, but lost its step to competitors.

Thus, Palm and the private equity firm have banked a lot on its new product, so McNamee was out in full force at CES in Las Vegas, talking up the Pre.

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Hello, my name is BoomTown and I am a reformed CrackBerryaholic.

How bad was it? Here’s the worst story: I was holding my BlackBerry in my hand, inadvertently for once, when I gave birth to my son in 2002.

I should have been embarrassed by that. I was not. Hence, that makes me a full-fledged Blackberry addict.

Actually, I was one.

That’s right, I have finally abandoned the BlackBerry for the iPhone.

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While there are very few bright spots to look at in the start-up space in Silicon Valley these days, especially those relying on online advertising, the San Mateo, Calif.-based AdMob is at least slightly shiny.

The company, backed by Sequoia Capital, just got a big slug of funding–almost $16 million–to keep pushing to get ads on mobile phones, which has gotten a huge boost from the popularity of the iPhone.

The number of ads AdMob is serving on the iPhone jumped to more than 100 million in September, compared to 35 million the month before, for example.

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