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).
From other sites
Comments (2)
  • johnofarizonaoregon
    , contributor
    Comments (291) | Send Message
    The phrase, "Apple's legal war against Android OEMs," is a misstatement.


    Apple is defending itself, not waging war.


    Google is waging war and Google started the war by introducing Android and doing it in the way it has done, to divert the blame for theft away from itself and to those manufacturers who use Android instead of where it belongs, on Google.
    27 Apr 2013, 01:37 PM Reply Like
  • gmmpa
    , contributor
    Comments (620) | Send Message
    There is nothing wrong with acquisitions when a company is flush with cash. It is no different than R&D spending. Microsoft did it for years before it started paying dividends. Google should have done it earlier. They had a chance to buy twitter when it was just a start up and passed.
    27 Apr 2013, 09:01 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs