TECH CRUNCH – Jan 27 – Yesterday, Google its 10-K with the SEC and revealed that in 2011, the company spent $2 billion in cash and stocks on completing 79 acquisitions during the year. Several of the larger purchases included ITA Software for $676M in cash, Clever Sense, Katango, and Apture. In the filing, the company states “Acquisitions will also remain an important component of our strategy and use of capital, and we expect our current pace of acquisitions to continue”, so it is not expected for Google to slow down in 2012. In addition, their full-time employee count grew 33% from 24,400 to 32,467.
by Leena Rao
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