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It’s not just Marissa Mayer—Larry Page is on an acquisition binge, too - Silicon Valley Business Journal

Google CEO Larry Page bought nearly as many startups this year as Yahoo CEO Marissa Mayer.

Yahoo’s willingness to purchase any startup with a pulse has been the company’s dominant story this year, both in the press and among the Valley’s tens of thousands of entrepreneurs. Meanwhile, another company has been on a similar, but far more quiet aquihiring spree: Google.In the first six months of the year, Google CEO Larry Page spent $1.3 billion acquiring 16 companies. The lion’s share went to Waze, which Google bought for $966 million.Google revealed its latest acquisition data in an SEC filing on Thursday. The company had previously refused to say how much it spent for Waze, makers of a popular crowdsourced traffic app. Today, we have hard numbers.Of the $966 million Google spent for Waze, $847 million was attributed to goodwill (brand recognition, customer relationships, etc.) and $188 million in other intangible assets (such as patents), offset by $69 million in liabilities.Google revealed it spent $344 million buying 15 other startups, although it declined to list those other startups. We’ve covered Google’s major acquisitions—Makani Power, Wavii, Channel Intelligence and DNNresearch.The Channel Intelligence deal alone was worth an estimated $125 million, which means Google has been busy at the lower end of the field, quietly acquihiring many small teams of developers.

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26 Jul
Caroline 2B-McCrory @CloudOfCaroline
RT @tcrawford: It’s not just Marissa Mayer—Larry Page is on an acquisition binge, too. http://t.co/ermOw8L4Wc
26 Jul
Tim Crawford @tcrawford
It’s not just Marissa Mayer—Larry Page is on an acquisition binge, too. http://t.co/ermOw8L4Wc