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.
Finally the technological war starts between Internet giants Google, Yahoo, Microsoft. As we already discuss our later articles Microsoft should tie up with yahoo to sustain their level in online. Because Google goes beyond the very high growth rate of online advertising. Recent days Google acquire Doubleclick.com a media company which had larger market place in internet. <a href="http://arrif.blogspot.com">Business research intelligence </a>
Was one of them Endoxon? I think Google bought Endoxon, a pioneer in Ajax mapping technologies based in Luzern, Switzerland, in Q1.
one was a an online powerpoint company, Tonic, that was basically two guys. good for them.