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Saturday, Apr 27
Google (GOOG) spent $291M on acquisitions and asset purchases in Q1, the company discloses in...
Google (GOOG) spent $291M on acquisitions and asset purchases in Q1, the company discloses in its latest 10-Q. Among other things, that figure covers Google's $125M purchase of Channel Intelligence from ICE, and its acquisitions of startups DNNResearch and Talaria. The disclosure comes as Google's $12.5B purchase of Motorola Mobility looks more and more questionable, given Motorola's dismal sales and legal setbacks, and the fact Motorola's IP hasn't done much yet to halt Apple's legal war against Android OEMs (even if the market share impact has been limited).