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January 27, 2012 06:44 pm GMT
Yesterday, Google filed its 10-K with the SEC, revealing the number of acquisitions and money spent on these purchases in the year. As of Q3, Google had spent over $1.4 billion on 55 acquisitions for the year. Google ended 2011 spending $1.9 billion (including cash and stock) on completing 79 acquisitions during the entirety of the year.Some of the bigger purchases included ITA Software, which was purchased for $676 million in cash. As we know Google is spending $12.5 billion on Motorola (which isn't included in 2011's calculations), with a termination fee of $2.5 billion if the deal fails to get regulatory approval. The transaction is currently expected to close in early 2012.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/nFfHsSgOkM0/
Google Spent Nearly $2 Billion On 79 Acquisitions In 2011
Yesterday, Google filed its 10-K with the SEC, revealing the number of acquisitions and money spent on these purchases in the year. As of Q3, Google had spent over $1.4 billion on 55 acquisitions for the year. Google ended 2011 spending $1.9 billion (including cash and stock) on completing 79 acquisitions during the entirety of the year.Some of the bigger purchases included ITA Software, which was purchased for $676 million in cash. As we know Google is spending $12.5 billion on Motorola (which isn't included in 2011's calculations), with a termination fee of $2.5 billion if the deal fails to get regulatory approval. The transaction is currently expected to close in early 2012.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/nFfHsSgOkM0/
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