Is Google ready to gobble again?
China Daily | Updated: 2009-03-25 07:54
After years of gobbling up companies, Google Inc is on a diet.
The Internet giant has not announced an acquisition in six months, a significant slowdown considering its tally of more than 30 deals since 2005.
Google Chief Executive Eric Schmidt acknowledged the slowdown earlier this month, telling investors at a conference that prices are still too high for his liking and that Google's mergers and acquisition efforts are "pretty inactive."
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