Yesterday, Google filed its 10-K with the SEC, revealing the number of acquisitions and money spent on these purchases in the year. As of Q3, Google had spent over $1.4 billion on 55 acquisitions for the year. Google ended 2011 spending $1.9 billion (including cash and stock) on completing 79 acquisitions during the entirety of the year.
Some of the bigger purchases included ITA Software, which was purchased for $676 million in cash. As we know Google is spending $12.5 billion on Motorola (which isn’t included in 2011’s calculations), with a termination fee of $2.5 billion if the deal fails to get regulatory approval. The transaction is currently expected to close in early 2012.
In contrast, Google spent just over $1 billion on 48 acquisitions in 2010. And don’t expect Google to be slowing down the acquisition pace anytime soon. In the filing the company says: Acquisitions will also remain an important component of our strategy and use of capital, and we expect our current pace of acquisitions to continue.
In addition, the search giant’s full-time employee headcount grew 33 percent from 24,400 at December 31, 2010 to 32,467 at December 31, 2011.