Google's 2010 M&A Bill: $1.6 Billion and Counting
Lost track of Google’s M&A binge this year? No problem: The company helpfully tallies it up for investors in its most recent quarterly filing.
The big picture: Google has spent at least $1.6 billion buying 40 companies during the first nine months of 2010. And if you assume the previously announced ITA deal goes through this year, you can tack on another $700 million.
Google breaks out a few of the bigger deals:
- Slide: $179 million
- AdMob: $681 million
- On2 Technologies: $123 million
- 37 other companies: $626 million
Bear in mind that these numbers very likely underestimate Google’s real M&A cost, since they don’t include big employment contracts it hands out to keep key talent it picks up. Slide’s Max Levchin, for instance, is going to do very well as a Google engineer for at least a couple of years.
