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Google closes 27 deals for more than $500M in 3Q; discloses $151M purchase price for Zagat
SAN FRANCISCO (AP) ' Google spent more than $500 million to acquire another 27 companies during the third quarter, the busiest shopping spree in the Internet search leader's history.
The latest flurry of deals raised Google's acquisition count to 57 companies through the first nine months of the year. That already exceeds Google Inc.'s previous annual record of 48 acquisitions reached last year.
The company, which is based in Mountain View, Calif., updated its list of purchases in a quarterly report filed Wednesday.
Google's prized catch from July through September was the Zagat Survey, a renowned publisher of restaurant reviews that started in the 1970s.
Google disclosed Wednesday for the first time that it paid $151 million for Zagat.