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August 1, 2012 02:20 am GMT
Facebook makes a good number of talent-focused acquisitions, aka acqui-hires -- but the cost of each deal is normally kept under wraps. In a regulatory quarterly filing the company made today, though, it put an aggregate pricetag on all those "non-material" sized deals it made in the first half of this year: $24 million.Facebook also broke out the exact amount of money it spent on acquiring patents and IP, that it was pretty significant: $633 million. The bulk of that -- $550 million -- went to its purchase of hundreds of AOL patents from Microsoft.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hQr3wX-AGx0/
Facebook Spent $24 Million On Acqui-hires, $633 Million On Patents During The First Half Of 2012
Facebook makes a good number of talent-focused acquisitions, aka acqui-hires -- but the cost of each deal is normally kept under wraps. In a regulatory quarterly filing the company made today, though, it put an aggregate pricetag on all those "non-material" sized deals it made in the first half of this year: $24 million.Facebook also broke out the exact amount of money it spent on acquiring patents and IP, that it was pretty significant: $633 million. The bulk of that -- $550 million -- went to its purchase of hundreds of AOL patents from Microsoft. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hQr3wX-AGx0/
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