Google on Acquisitions

Post ImageA few hours ago I was reading some of the stuff on TechMeme, when I came across this article about Google. I thought Dickson might find it interesting, so I fired it off to him in an IM. He replied a few moments later with this quote from the article:

Google wants companies that can build revenue streams from their users, instead of buying firms with a lot of users that don’t bring in much in sales, Ullah said.

“We don’t do traffic for traffic’s sake,” he said. “It has to be highly monetizable.”

And then followed that up with this message:

Uhhh…YouTube?! lol

Haha so true! Ullah, who is Google’s director of corporate development, basically just described the very company they purchased last year for $1.65 billion. Which begs the question…what kind of companies do they really want?

Read: Bloomberg

One thought on “Google on Acquisitions

  1. Oh YouTube, how you have caused me to waste hours. Looking for clips from Prison Break. Because I don’t own the DVDs. And can’t seem to find early Season 1 complete videos online….

    **runs and hangs head in shame**

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