AfterDawn: Tech news

Google has spent $1.6 billion on 40 deals this year

Written by Andre Yoskowitz (Google+) @ 30 Oct 2010 15:19 User comments (2)

Google has spent $1.6 billion on 40 deals this year Google has said this week that they have spent $1.6 billion on 40 acquisitions this year, with more expected.
The search giant revealed the number via a regulatory filing.

Google's largest acquisition this year has been the massive $861 million purchase of mobile advertising company AdMob, which was easily integrated into Android.

The company also purchased social gaming company Slide for $180 million and video software developer On2 for $123 million.

That $1.6 billion figure could jump substantially if Google's proposed $700 million acquisition of airline travel software company ITA Software is completed. The purchase is pending as EU and U.S. anti-monopoly regulators look at it.

Google still has $33 billion in cash.

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2 user comments

130.10.2010 16:31

It's good to be the king.

230.10.2010 19:40

Shit yea it is!


Matt898

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