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Google Starts Shopping For Businesses Again
Google CEO sees one small acquisition a month from Reuters reports Google’s CEO as saying they are back in the business of acquiring businesses. He told Reuters, “acquisitions are turned on again at Google and we are doing our normal maneuvers, which is small companies.” “My estimate would be one-a-month acquisitions and these are largely in lieu of hiring. There may be larger acquisitions, but they really are unpredictable,” Schmidt added.
Google slowed or halted all acquisitions sometime around early January of this year. Most recently, Google acquired reCAPTCHA, but you can read about more of their acquisitions in the Google acquisitions category here.
Hopefully this is another positive sign that the recession is just about over.