Google Paid $291 Million / 223 Million on the Eight Companies It Bought This Year

Google has revealed that it has spent only $291 million on the eight acquisitions of the first quarter of the year. More than half of that was paid for patents and technology, and the rest for the several companies Google bought in 2013.

"These acquisitions generally enhance the breadth and depth of our expertise in engineering and other functional areas, our technologies, and our product offerings," Google explained.

Google assigns $150 million (€115 million) of the total sum to technology, $24 million (€18.5 million) to customer relationships, $133 million (€102 million) to goodwill, aka intangible assets from the companies it bought, and $16 million (€12.3 million) for net liabilities Google assumed when it acquired the companies.

Overall, that's not an insignificant sum, but it pales in comparison to previous acquisitions, like Motorola last year, for which Google paid $12.5 billion (€9.6 billion).

Via: Google Paid $291 Million / 223 Million on the Eight Companies It Bought This Year