- Associated Press - Wednesday, October 26, 2011

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.

Copyright © 2024 The Washington Times, LLC.

Please read our comment policy before commenting.

Click to Read More and View Comments

Click to Hide