Technology giants like Google, Apple and Facebook often make headlines with their deals and acquisitions. Besides developing their own services, these companies often acquire other companies to get them to work for them as an in-house firm. It is a good way of expanding their business, getting more experts to work for them, and at the same time, get a service from a company that is already established in its working. Today, Google‘s latest acquisition has come to light. The company is said to have agreed to pay $2.6 billion for acquiring Looker Data Science, making it one among the biggest acquisition deals of the search giant. But then, Google is known for its expensive acquisitions. Here, we have listed down the 10 most expensive acquisitions that Google has ever made:
3Nest Labs: $3.2 billion
Nest Labs was acquired by Google in January 2014. The company paid a staggering $3.2 billion for the deal. We should mention that during the same year, the technology giant also sold off Motorola’s division to Lenovo. With the acquisition of Nest, the company created a place for itself in the home automation industry. Interestingly, Nest Labs was founded by 2 former Apple employees – Tony Fadell and Matt Rogers.