Google Inc paid $151 million in cash to acquire popular restaurant review guide Zagat in September, the Internet company said in a regulatory filing. The acquisition, which added a valuable brand to Google's content offerings and bolstered its push into the local commerce market, was one of 57 deals completed by the Web search company in the first nine months of 2011. Google, the world's No.1 Internet search engine, has been acquiring companies at a rapid clip, as it moves to expand into new markets and adapt its product to a world in which consumers increasingly rely on mobile devices and social networking services to access the Internet. Google also acquired Daily Deals, a privately held, German online coupon company, for $114 million in cash in September, Google said in the filing with the US Securities and Exchange Commission. And it completed the acquisition of ITA Software for $676 million in cash in April. Google said it completed 54 other acquisitions and purchases of intangible assets during the first nine months of 2011 for roughly $502 million. During that same period in 2010, Google completed 37 deals for $626 million, excluding the acquisitions of Slide, AdMob and On2 Technologies, for which Google paid a combined $983 million. Google announced its acquisition of Zagat Survey, which polls consumers and compiles reviews about restaurants, hotels and other businesses around the world, in September, but did not disclose a price at the time. Google's largest deal to date, the planned $12.5 billion acquisition of mobile phone maker Motorola Mobility Holdings Inc is pending regulatory approval. Google has said it expects the deal, announced in August, to close later this year or early in 2012.
GMT 09:14 2017 Wednesday ,18 October
Is facial recognition the stuff of sci-fi? Not in ChinaGMT 08:31 2017 Saturday ,23 September
Vision 2030 will take Saudi Arabia into the futureGMT 20:37 2017 Thursday ,07 September
NASA captures images of strong solar flaresGMT 20:39 2017 Wednesday ,30 August
United Technologies near deal to buy Rockwell Collins: reportGMT 13:41 2017 Saturday ,19 August
Eclipse-chasers trot the globe, addicted to Moon's shadowGMT 17:47 2017 Wednesday ,16 August
NASA: let's say something to Voyager 1 on 40th anniversary of launchGMT 16:41 2017 Friday ,11 August
Asteroid to shave past Earth on Oct 12: ESAGMT 21:32 2017 Tuesday ,18 July
Japanese engineers develop headset-less VR systemMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor