Google Spent Over $1.4 Billion For 57 Acquisitions In 2011

Google Inc. (NASDAQ:GOOG) has acquired 57 companies through September according to an SEC filing from the company. Not bad considering that Google acquired 48 companies in 2010. In three deals alone, Google spent $941 million reports the 10-Q statement. The $941 million was spent on $$676 million for ITA Software, $151 million for Zagat, and $114 million for Daily Deals. Google also bid $12.5 billion for Motorola Mobility, but that deal is not expected to close until 2012 due to regulatory reasons. [eWeek]

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