Eric Schmidt pulls out Googles wallet again

Thu 24 September 2009 14:08, Editors

Eric Schmidt pulls out Googles wallet again

If Google is an indication of the economic state of the world we must be getting out of the financial crisis, probably even faster than we think. Google's stocks went up again, hitting the 500 dollar line, but more importantly: Google is planning on shopping again, a lot.

In an interview with Reuters CEO Eric Schimdt said Google is planning on doing one acquisition a month. After six months of keeping quite this summer Google started up their shopping cart again and bought On2 Technologies in August and reCaptcha only last week. The next purchase we can therefore expect in October.

Schmidt clearly believes the economic state is improving:

"It's clear that the worst is behind us," he said. "What we see at Google is some level of improvement and what is more important is we see it not just in the United States but outside the United States."

In the interview he talked about several topics, including the new Google Doubleclick Ad Exchange. Schmidt believes Google could make a lot of money on that: "the exchange could be a very significant part of our revenue over some number of years because ad exchanges, when they are running, grow very, very quickly."

He also commented on all the issues concerning the Google Book deal. He believes some of the criticism is reasonable, but that won't change Google's point of view:

"I don't think we will make significant changes to the deal,"

Meettheboss made an interesting map of Google acquisitions (see below). Click on it to see the bigger format.

Google-acquisitions-small


  • Comments (0)
  • Google
  • Tell-a-cowboy

Comment

  • HTML is not allowed. URLs are automatically clickable.
    * Email address is not shown



  • Google Nose
  • Flight Search
  • Flight Search
  • Ingress
  • Google Handwrite
  • McDonald tells you why burgers in ads look better in picture
  • Using Google search
  • Toyota iQ Street View – solves Google’s problem in Belgium

Last Comments


Events

Last event

Bloggers

  • J-P De Clerck
    J-P De Clerck

    Profession: Customer-centric digi...

    Company: Conversionation

  • Sam Murray
    Sam Murray

    Profession: Senior Search Consultant

    Company: Verve Search

  • Susie Hood
    Susie Hood

    Profession: Head of Copywriting

    Company: Click Consult / SEO C...

  • Tom Bogaert
    Tom Bogaert

    Profession: Managing Partner

    Company: QueroMedia


Latest Videos

Border_top
Border_bottom

Columns

  • Lizette van der Laan
    Social Media Image

    Is it the real you, the witty you, the person who reads the most interesting articles, makes t...




Newsletter

Subscribe to SC Newsletter:


RSS Feed

Are you a bloggerFacebook


Search



© 2014 Searchcowboys.com - All Rights Reserved - All views and opinions expressed are those of the authors of Searchcowboys.

All trademarks, slogans, text or logo representation used or referred to in this website are the property of their respective owners. Sitemap