Google closed 40 Acquistions this year, 37 of which under $17M on average

http://mediamemo.allthingsd.com/20101029/google-2010-ma-bill-1-6-billion-and-counting/

by rexreed • 16 years ago

48 11 16 years ago

mediamemo.allthingsd.com

zach• 16 years ago

"During the nine months ended September 30, 2010, we also completed 37 other acquisitions for a total cash consideration of approximately $626 million. These acquisitions were not material individually or in aggregate."

Mind-boggling. Well over half a billion dollars in non-material acquisitions! Only Google.

Most here could easily identify the company from that single 10-Q line alone.

skmurphy3• 16 years ago

When Cisco started to do this many acquisitions their competitors begin to bid against them, increasing the price and lowering Cisco's ability to buy products and talent below market. That does not seem to be happening yet.

btmorex• 16 years ago

From what I'm hearing, Google isn't getting talent at below market prices. What's not immediately clear in the acquisition price is the ridiculous retention bonuses Google's paying to keep these people on board. In fact, I think they're paying through the roof for talent already... no need to for competitors to bid up the price.

skmurphy3• 16 years ago

Competitors can bid, not with the intent of winning, but with the intent of driving up Google's price. This certainly happened to Cisco. The retention bonuses are a way of making a side payment to the entrepreneurs that bypasses the investors. Competitors could also offer retention bonuses.

waxman2• 16 years ago

The massive cash reserves of Google, Apple, and Microsoft are good news for startups.

marclove2• 16 years ago

Good news for some startups. Not any that are looking for investors. At that average acquisition price, most investors would be disappointed.

waxman2• 16 years ago

Not really. For VC's perhaps that is the case, but for angels: $1 MM raised at a $3 MM pre, 2.5 years of work, and a (let's say) $12 MM median sale price? I think everyone is decently happy.

This model fits with the ever-shrinking capital requirements to launch a tech company. Conversely, portfolio strategies that rely on huge exits (and huge investments) are increasingly threatened.

Google closed 40 Acquistions this year, 37 of which under $17M on average

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