According to TechCrunch, the rumored deal between Google and Feedburner has been been moved to a “confirmed” status and Feedburner is in the closing stages of being bought out by Google for a hefty $100 million. The agreement consists of mostly a cash-up-front deal retaining the founders of Feedbruner for two years, and is expected to close in the next few weeks.

Feedburner, founded in 2003, is a service that distributes media for blogs and different RSS feeds, helping web site owners promote their sites and profit from it’s content. It allows blog owners to manager their own RSS feeds through the service and track the number of subscribers.