Google Acquisitions YTD - $1.5B for 40 companies

Google (NSDQ: GOOG) paid $179 million in cash to buy social app maker Slide in August, according to the company’s quarterly filing with the SEC. Previous reports put the price tag as high as $229 million. The actual price is a steep discount to the $550 million valuation put on the company when it raised $50 million in a fourth round of funding in January 2008. The filing also puts a new price tag on Google’s acquisition spree to date. The company says it has now spent $626 million on 37 acquisitions during the first nine months of the year, on top of its purchases of Slide, AdMob, and On2, which add a cumulative $983 million to that figure. The number of purchases is significantly more than had been previously reported.   Related Stories The Look Ahead: Google Narrows Its Acquisition Focus Google Buys Slide In Social Networking Push Widget Maker Slide Raises $50 Million Fourth Round From Wall St. via paidcontent.org  

Google (NSDQ: GOOG) paid $179 million in cash to buy social app maker Slide in August, according to the company’s quarterly filing with the SEC. Previous reports put the price tag as high as $229 million. The actual price is a steep discount to the $550 million valuation put on the company when it raised $50 million in a fourth round of funding in January 2008.

The filing also puts a new price tag on Google’s acquisition spree to date. The company says it has now spent $626 million on 37 acquisitions during the first nine months of the year, on top of its purchases of Slide, AdMob, and On2, which add a cumulative $983 million to that figure. The number of purchases is significantly more than had been previously reported.

 

Related Stories