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More Google Admob acquisition details revealed

on June 19, 2010 | Admob Google | Comments (0)

More details have emerged about Google’s acquisition of the mobile advertising network AdMob.

We aleady know the Google purchased Admob for US$750 million in stock and cash – but what was the exact split?

The US Securities and Exchange Commission (SEC) have released details that Google sold $530 million in stock, indicating that Admob investors would have taken home around $220 million in cash.

Google has around US$26.5 Billion cash in the bank so this deal would have had little on their bank balance.


David Cowling :

Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and another blog dedicated to Instagram news. Connect with me: Twitter | LinkedIn | Google + or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au











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