The company’s head of mergers and acquisitions, said that Google is likely to purchase more companies similar to it’s two largest, DoubleClick and Youtube, to offer more online services for it’s users.
This is to no surprise after Google’s acquisition spree this year, buying more than 20 companies and spending $1.6 Billion. It’s not said what they will be purchasing, but it will be bigger purchases. For example, Google paid $1.65 Billion for Youtube back in 2006.
In a nutshell, we’re talking the Billion dollar range and with how well they’re doing, they won’t have any problem putting up the cash.
Do you see Google being able to keep up with all these purchases, or will most end up just sitting there?