Google buys by company per week

Google Chairman Eric Schmidt spoke today at the Le Web conference in Paris, talking about Android, expanding the company and much more. Deniskin , who was present at the conference , even tweeted that "he would be ready to listen to him all day if he had the opportunity."

When Schmidt was asked about why Google did not buy any French companies, he jokingly remarked that Google now buys about one company a week.

This is quite a lot even for a company with such resources as Google. Alexia Tsotsis from TechCrunch ran behind the scenes to clarify how true this is, and Schmidt confirmed to her that Google does acquire approximately one company per week. “But why do you never announce it?” She asked. Schmidt replied: "We do not need this."
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As it became known in October, this year Google spent $ 1.4 billion on 57 acquisitions. So yes, with 52 weeks a year, it sounds almost accurate. This year, Google has particularly actively absorbed companies, especially from the mobile, social and search spheres.

Let's see if he will continue this strategy in 2012. No kidding - with $ 43 billion in assets, the search giant has the opportunity to start buying for the company daily. There are a lot of very smart people at Google, but sometimes it's easier to just buy smart things made by other smart people.

To the question “if Google were a country, what country would it be?” Schmidt replied: “Google is not a country; think of us as a teenager. " He stressed that, despite this, Google has its own values: freedom of speech and transparency. Earlier in the discussion, Schmidt gave advice to heads of state: “Whatever you do, do not turn off the Internet. The role of the state is to make sure that citizens have access to high-speed communications. Citizens will take care of the rest. ”

via TechCrunch ( 1 , 2 ), Gizmodo