google acquistion
Keressa Chestnut Dr. Tillman BUS 508 February 16th, 2014
Introduction Google is a publicly traded company that was founded in 1998 by Larry Page and Sergey Brin. Google’s name derived from the mathematical word “googol,” which is defined as the number one followed by one hundred zeros. Larry Page and Sergey Brin received a check in the amount of one hundred thousand dollars from Sun’s co-founder Andy Bechtolsheim to start-up Google. Google is headquartered in Mountain View California and has over twenty thousand employees. Google became a publicly traded company in 2004, offering only twenty million shares of Class A common stock (www.google.com). In 2006, Google acquired YouTube and sixty hours worth of videos are uploaded every minute and in 2007, they announced the development of the Android operating system. In 2008, Google introduced Google Chrome which is a freeware web browser. Today, Google celebrates having over one billion devices activated on their Android operating system. Google is a company that is on the fast track and is acquiring many other companies, but these acquisitions do not always have positive effects. Acquisitions In the year 2000, Google introduced a self-service program used for creating online ad campaigns called Adwords. Over the last ten years, Adwords has helped thousands of businesses grow and be successful. Since 2010, Google has been acquiring more than one company a week. Motorola Mobility is a mobile device manufacturing company that Google purchased for about $12.5 billion dollars in 2011 and this is Google’s largest acquisition to date
Introduction Google is a publicly traded company that was founded in 1998 by Larry Page and Sergey Brin. Google’s name derived from the mathematical word “googol,” which is defined as the number one followed by one hundred zeros. Larry Page and Sergey Brin received a check in the amount of one hundred thousand dollars from Sun’s co-founder Andy Bechtolsheim to start-up Google. Google is headquartered in Mountain View California and has over twenty thousand employees. Google became a publicly traded company in 2004, offering only twenty million shares of Class A common stock (www.google.com). In 2006, Google acquired YouTube and sixty hours worth of videos are uploaded every minute and in 2007, they announced the development of the Android operating system. In 2008, Google introduced Google Chrome which is a freeware web browser. Today, Google celebrates having over one billion devices activated on their Android operating system. Google is a company that is on the fast track and is acquiring many other companies, but these acquisitions do not always have positive effects. Acquisitions In the year 2000, Google introduced a self-service program used for creating online ad campaigns called Adwords. Over the last ten years, Adwords has helped thousands of businesses grow and be successful. Since 2010, Google has been acquiring more than one company a week. Motorola Mobility is a mobile device manufacturing company that Google purchased for about $12.5 billion dollars in 2011 and this is Google’s largest acquisition to date
References: 1. www.google.com 2. www.nytimes.com/finances 3. www.ibscdc.org 4. www.bing.com/news