SEC Watch: Google Spent $28.6 Million in Two Small Acquisitions in Q1
Google just filed its quarterly 10-Q with SEC, and some details on its two small acquisitions that closed in Q1, though it didn’t name them (any guesses who they were?): “The total initial purchase price for these [two] transactions was $28.6 million and was paid or will be paid in cash. In addition, we are obligated to make additional cash payments of up to $8.1 million if certain performance targets are met through 2010…In addition, during the three months ended March 31, 2007, we acquired certain other intangible assets for $7.4 million paid in cash.” Not sure what the last part constitutes.
Full filing is here.
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