Google Acquires BeatThatQuote.com For $60.5 Million


Google Inc. (NASDAQ:GOOG) has acquired BeatThatQuote.com for $60.5 million (£37.7 million). BeatThatQuote.com Managing Director John Paleomylites reported the details about the deal on the BeatThatQuote.com homepage.

BeatThatQuote.com was sold to Google for GBP37.7 million. We think this deal is a tremendous opportunity for our company to develop new and innovative options for personal finance in the UK.

Our team is excited about becoming a part of Google. We look forward to working with their engineers to create new tools making it easier for consumers to choose the right financial products. We think we can offer more transparency and better pricing information than existing online offerings.

BeatThatQuote.com helps website visitors apply for lower rates and prices for services including credit cards, insurance, legal services, shopping, and utilities. BeatThatQuote.com was the fastest growing website in the United Kingdom in 2007.

[The Next Web]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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