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Google bought 10 startups in Q1 2010

Posted on Thursday, May 06 2010 @ 14:31:37 CEST by


CNET spotted that Google has spent a total of $268 million to acquire ten startups in the first quarter of the year:
Most of the individual companies that Google buys are pretty small, and sell for prices low enough that Google doesn't have to disclose how much it paid because the price isn't material to its business. However, Google revealed the total amount spent in the first quarter as $268 million in its quarterly filing with the SEC Wednesday.

Of those 10 companies purchased by Google over the last three months, specific details were only provided for the On2 Technologies deal. Google paid a total of $123 million for On2, according to the filing. It was forced to sweeten the original deal after On2 shareholders balked, even though it only valued On2's array of patents behind the VP8 video codec at $27 million.



 



 

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