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BEIJING, Oct 27, 2011 - (ACN Newswire) - According to the recent research of Textiles-leather.com, in September Google with $ 151 million in cash acquired the review authority of popular restaurants Zagat. The acquisitions will add value to Google's content products and help it to get access to the local e-commerce market. In the first nine months of 2011, Google s reached a total of 57 acquisitions.
Textiles-leather.com (http://www.textiles-leather.com/products/) reports that Google is the world's largest search engine. Its acquisition speed has always been fast because it is expanding in the new market. More and more consumers around the world get access to the network through mobile devices and the social networking service. In September, Google once acquired the German online group purchase site Daily Deals with $ 114 million cash. In April, the $ 676 million acquisition of ITA software was ended.
The analysts of Textiles-leather.com said that in the first nine months of this year, Google also completed 54 acquisitions and purchase transactions of intangible assets. The total amount reached $ 502 million. Textiles-leather.com points out that at the same period of 2010, Google completed 37 transactions and the amount was $ 626 million, excluding Slide, AdMob and On2 Technologies. In September, Google announced the acquisition of Zagat. Up to now Google's largest acquisition is Motorola Mobile, priced at $ 12.5 billion.
Contact:
http://www.textiles-leather.com/
Email: my@textiles-leather.com
Topic: Press release summary
Source: Textiles-leather.com
Sectors: Daily Finance, IT Individual
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From the Asia Corporate News Network
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