Google spends its lowest on acquisitions since 2009

Google spends its lowest on acquisitions since 2009
Google's mergers and acquisitions are at its lowest figure since 2009, with the company spending just $250 million so far in the first 9 months of 2015.

By comparison, Google spent nearly $5 billion in the first 9 months last year, and $1.3 billion in the first nine months of 2013.

BI compiled a nice list of Google's previous M&A:

2014 (first nine months): $1.1 billion on non-named acquisitions, plus $2.5 billion on smart appliance maker Nest, $517 million on Dropcam, and $478 million on satellite company Skybox Imaging.
2013 (first nine months): $369 million in non-named M&A, plus $969 million for Waze.
2012 (first nine months): $1.1 billion in non-named M&A, plus $12.4 billion for Motorola Mobility.
2011 (first nine months): $502 million in non-named M&A, plus $676 million for ITA Software, $151 million for Zagat, $114 million for DailyDeals GmbH.
2010 (first nine months): $626 million in non-named M&A, plus $179 million for Slide, $681 million for AdMob, $123 million for On2 Technologies.


The slowdown is most likely attributed to Google's recent restructuring to become Alphabet, and it would be unsurprising to see M&A pick up again later this year and into 2016.



Written by: Andre Yoskowitz @ 1 Nov 2015 11:32
Tags
Google Alphabet M&A
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