Thursday, July 19, 2007

Google Looks for Acquisitions to Spur Sales as Search Unit's Growth Slows

(Bloomberg) -- Google Inc., with sales slowing after
a sevenfold increase in the past three years, is seeking
acquisitions worldwide.

Google says it has about a dozen people weighing deals that
might be financed with stock and its $11.9 billion in cash and
marketable securities. The owner of the most-popular Internet
search engine announced eight purchases in the second quarter,
its busiest since going public in 2004, including the
$3.1 billion buyout of DoubleClick Inc.


Read more at Bloomberg Exclusive News

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