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Showing posts with label Google acquisition. Show all posts
Showing posts with label Google acquisition. Show all posts

February 18, 2013

What Google Knew About the Asteroid Striking Russia

Google's Doodle might be for Fun  and at times its observing the pioneer of Science and Technology, not to mention Holidays and Events. However in a bizarre event,  the Google Doodle has managed to create a political storm  as it found out recently, during the Asteroid striking Russia last week .However Google  had removed its Doodle of Asteroid hitting the Earth   ( this was done before the actual event of Asteroid striking the Earth However Google says this was just a Holiday Fun 
The doodle was very simple. The second G in "Google" came to life on noticing a disturbance; leaped in shock; then hopped aside just in time to avoid the incoming Asteroid 2012 DA14, which plunged through the hole left by the fleeing letter. Then the G, with danger past, hopped back into place.

However that was short lived as an  innocuous asteroid struck Russia and injured many of them. Its no secret that Google Nerds 
leaning artists thought it might be fun to create a little something that cheered the fact that Asteroid 2012 DA14 wasn't going to strike  Earth and create havoc.
Google explained to ABC News: "Out of respect for those injured in the extraordinary meteor shower in Russia earlier today, we have removed today's doodle from the Google home page." (ABC also reported that many scientists believed the Russian meteorite was not a fragment of Asteroid 2012 DA14 and that the events were not related.)

August 17, 2011

Lawsuits Against Motorola :The Road Ahead

Google's acquisition of Motorola Mobility will not affect Motorola's patent-related lawsuits against Apple, as the search company revealed on Monday it has no plans to rescind those legal complaints.
Owning Motorola’s 17,000 issued patents and 7,500 pending patents was one of the major reasons Google announced its acquisition plans for the company. Owning Motorola doesn’t come without its fair share of baggage, however. Not only does Motorola have a troubled financial history, it also has a troubling number of patent lawsuits on its books.
CNET has created a nice infographic showing a portion of the large number of patent infringement suits currently filed against Motorola, and its lawsuits against others. When the purchase was announced, Google stated that Motorola’s suits and defense would continue to be managed by the company’s own legal team. Still, here’s what Google will be up against. 

Motorola will continue to operate as a separate entity under Google, building handsets running Android as it has done before. And the company will also continue to pursue any litigation it is involved in, Google Chief Legal Officer David C. Drummond said in a conference call.

August 16, 2011

Google and Motorola Deal : Who Really Won

Who are the winners  in the Motorola and Google Deal. In a deal of such disruptive proportions there will be some Winners and some losers. Businessinsider posted a detailed article which takes a look at the Winners in This Acquisition

Sanjay Jha took over Motorola's mobile operations and chose to go all-in with Android.The bet has paid off. Jha stands to make $90 million personally on this deal

Google just paid $12.5 billion for a patent portfolio. Sound like a good deal? Not really. But it also gets a handset maker. So that makes it a good deal, right?
Well, this is a low margin business with 19,000 employees and factories around the world. Not exactly the same thing as search and advertising. Is this what Google wants to do

Another winner has been Carl Icah has been involved with Motorola since 2006, fighting with the company's board, trying to get something out of it all. Well, it finally paid off. He's getting $415 million on this one.

Ben Bajarin, who is Director of Consumer Technology Analysis and Research at Creative Strategies, Inc, laid out why Google should buy Motorola on August 2. All of his reasons were spot on.

Nokia's stock is up  with industry sources familiar with the Tech Industry workings, that people think Microsoft will buy Nokia's stock popped in reaction to the news. Microsoft will  be enticed to buy Nokia as a reactionary move,as this will strengthen their product line.Of course Microsoft could buy it as a defensive move.

Apple has a tougher time suing Android, but its rival just made a big risky move
.Apple comes out of this transaction in decent shape. You could argue that it will have a hard fight on its hands in the long run as Motorola works on more Android devices. However, we don't believe Google or Motorola have built any exceptional devices and nothing's going to change that.According to BusinessInsider "We're calling Apple a winner because it forced Google to take this risky $12.5 billion bet on something which it has yet to  develop a core competency ( specially in production)"

March 28, 2011

eBay close to Acquiring GSI Commerce for $2.4 Billion

eBay announced on Monday that it will buy GSI Commerce, an ecommerce and interactive marketing services company, for $2.4 billion. The acquisition is expected to close in the third quarter of 2011.

GSI provides services like technology, order management, payment processing, fulfillment and customer care to about 180 clients across 14 merchandise categories.

Mashable reports that "The company will help eBay expand its services to “retailers and brands of all sizes — from sole proprietors to large merchants,” said eBay CEO John Donahoe in a statement. Meanwhile, eBay expects that GSI clients will benefit from eBay’s Marketplaces and PayPal services.
As part of the transaction, eBay will divest 100% of GSI’s licensed sports merchandise business, as well as 70% of ShopRunner and Rue LaLa. The former service provides free two-day shipping for its paid members and the latter is an invite-only shopping site.

These assets will be sold to a newly formed holding company, which will be led by GSI founder and CEO Michael Rubin. eBay will lend the new holding company $467 million and Rubin will invest another $31 millio

March 7, 2011

Google Acquires UK Biggest Comparison Engine

Google has broken new ground in the personal finance realm with the purchase of UK price comparison website BeatThatQuote for $61.5 million ($37.7 million GBP).

BeatThatQuote, launched in 2005, provides price comparisons for UK loans, insurance, legal services, utilities and other financial products. It was named one of the UK’s fastest-growing websites by Nielsen in is a price comparison websites for loans and financial products. The site offers comparison pricing on loans, mortgage rates, credit card rates, insurance products and more.
Google has been known to offer comparison ads for mortgage rates in the past, specifically in the U.K.

According to Industry sources,  Google plans to use  BeatThatQuote as its foothold into the UK financial products market. Google has recently shown interest in price comparison technology as well, most recently utilized in the company’s mobile shopping apps.  Google had earlier launched their “Comparison Ads,”  with a way for mortgage advertisers to have their products compared against each other but which may expand to other products in the future.Google's Comparison Ads,  helps advertisers  target offers at a more granular level, leading to more valuable, qualified leads. Users searching for "mortgage" on may see a promotion from Comparison Ads prompting them to select the type of loan they are looking for and to compare various rates.

BeatThatQuote Claim To Fame Includes
  • The UK's Fastest Growing Website 2007
  • No. 1 in the UK Startups 100 List 2007
  • Business Of the Year - Startups Awards 2006
  • Online Business of the Year - Startups Awards 2006
  • Young Company of the Year - Growing Awards 2006
  • Startup Stars Regional Winner - HSBC Startup Stars 2006
  • Small to Medium Business - National Business Awards Finalist 2006

By adding price comparison results to search, Google can get a piece of the transaction whenever someone starts searching for a home loan or a new car insurance policy on its search engine. The potential revenue from those transactions could make this acquisition quickly pay off.

February 7, 2011

Apetite For Acquisition: Google Infographic

Google Acquisitions.

Blogoscoped  has a nice post on why Google  has acquired these companies .. One of the obvious reasons is Google does not want to reinvent the  wheel when it comes to getting the relevant technology. I guess that they have figured out  how to  get more and more pages indexed by its famed algorithm is an invention enough for Google :-

Acquisition is getting all the important "ingredients"Like articles, meta data, digital archives, photographs.Users. Or in more general terms, customers or market share.Technology. Mostly, that’s software, like web or desktop applications.Developers. Or, in more general terms, call it employees.Watching Google from the outside – with the limited information that offers – it seems they buy companies mainly to get more:( source:)