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Search Engines Thread About, Google's 3Q shopping spree snags 27 |
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Google's 3Q shopping spree snags 27 more companies
The Associated Press 07:16:21AM (DST) Thursday,October 27,2011. SAN FRANCISCO (AP) — Google spent more than $500 million to buy another 27 companies during the third quarter, the busiest shopping spree in the Internet search leader's history. The latest flurry of deals raised Google's acquisition count to 57 companies through the first nine months of the year. That already exceeds Google Inc.'s previous annual record of 48 acquisitions reached last year. The California-based company updated its list of purchases in a quarterly report filed Wednesday. Google's prized catch from July through September was the Zagat Survey, a renowned publisher of restaurant reviews that started in the 1970s. Google disclosed Wednesday that it paid $151 million for Zagat. ------------------------------------------------ No stopping Google. More may be snagged down the road...stay tuned.
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