Feeds

Google splurges $1.5bn on acquisitions in nine months

Not including the $12.5bn it'll spunk on Motorola

Build a business case: developing custom apps

Google has managed to spend around $1.5bn on acquisitions in the last nine months, including $265m in the month of September alone, according to a regulatory filing.

The official form for its quarterly earnings for the US Securities and Exchange Commission (SEC) also detailed that the Chocolate Factory had splurged $151m on restaurant review guide Zagat and $114m on the German Groupon-clone Daily Deals.

The spends were just two of 56 "acquisitions and purchases of intangible assets" the web giant made in the nine months to the end of September, although the other 54 "were not material individually or in aggregate".

The company also bought ITA, the flight information software company, in the last nine months, which according to its fact sheet on the acquisition cost $700m, although the figure is not included in the filing.

The total value the internet behemoth ascribes to patents and developed technology it got from all its acquisitions is $407m.

Taking out those patents from ITA, Zagat and Daily Deals leaves $236m ascribed to "other", which presumably includes the value of the 2,053 patents it acquired from IBM in two deals over the period. A Google spokesperson had not returned a request for comment on this at the time of publication.

Of course none of these hefty outgoings include the promise of $12.5bn in cash for Motorola Mobility that Google entered into in August, a merger that the company expects to close by the end of this year or early next, subject to approvals.

However, in case you might be getting worried about the poor old monolith's cash-flow, you needn't, since the same filing also shows it is looking pretty good on that front. Google lists $4.2bn in readies sitting in the bank and $6.4bn in cash equivalents (government bonds, securities and the like), not to mention a cool $42.6bn in marketable securities (securities that can generally be converted into cash quickly at a reasonable price). ®

5 things you didn’t know about cloud backup

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer quits Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.