What Google Pays for Acquisitions
Just reading the Google Annual report and came across this interesting paragraph in the letter from the desk of Larry:
“We have been busy buying companies opportunistically. In 2005 we purchased 15 different companies for $85 million. That number will increase to $130 million if they meet certain milestones.”
Let’s be optimistic and say the acquisitions hit all the milestones. That’s $8.67m per company. Including Urchin, which presumably was the largest of the bunch.
Not exactly the kind of transaction flow that gets the boys from Goldman or minions that follow Mary around frothy at the mouth.
Just another data point to disprove the common conception that Google buys companies.
