Google is on an acquisition frenzy. They have been acquiring a company or two almost every month in order to step into various markets. Here are three more companies that Google is eyeing:
DocVerse is a collaboration platform for Microsoft Office documents. It was founded in 2007 by two Microsoft veterans and now Google is reportedly paying them $25 Million for it. This will let Google strengthen its position in the office space.
Google is also said to be buying Yelp for half a billion dollars. This deal will help Google capture the local markets directly and use the 200 or so sales people that Yelp employs to get local advertising.
There have been talks that Google is also eying Trulia, the real estate listing website as a potential acquisition. The news isn’t confirmed yet, but the price is being speculated to be around $150 Million to $200 Million. Since Trulia listings use Google Maps pretty heavily, this will provide a lot of synergies to the post acquisition entity.
What do you think about these acquisitions and in Google’s shopping spree in general? Are they going too fast?