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Google spent $1.4 billion acquiring 57 companies in 2011

Google spent $1.4 billion acquiring 57 companies in 2011 Created by MG1 on Oct 28, 2011

If you thought that the purse strings over in Mountain View might be running a bit tight following the decision to fork out $12.5 billion on Motorola (a deal that has yet to be finalised) then think again.
In 2011 the company has acquired no fewer than 56 companies and startups, shelling out a whopping $1.4 billion in the process.
The figures came to light after the Big G filed its Form 10-Q accounts with the United States Securities and Commission board, detailing all of its financial info for the current annum.
Last year it acquired 48 companies and that without the huge takeover of one of the world's largest mobile communication businesses.
The big outlays for Google were $676 million tak... »read more

More at: Pocket-lint Add additional source

Filed in: Google

Additional sources: Google Went on a $500 Million Shopping Spree in Q3 read at Maximum PC Report

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