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Google snapping up one firm a week, says Schmidt
By
Shona Ghosh
Thu Dec 8 2011, 17:25 PM
Google chairman Eric Schmidt claims that Google is buying one company a week, although the firm's acquisition rate so far indicates the figure is higher than this. Speaking at the Le Web conference in Paris, Schmidt says the search firm is "acquiring around one company per week", most recently snaring in-page search service Apture and friend manager Katango. The latter deal bought Google's acquisition total to 57 companies within 9 months, at a total cost of USD14bn.
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