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The great Google gold rush
April 07, 2008
According to company officials, Google has some 15 employees working full-time on acquisitions, meeting with dozens of companies or more every week, answering e-mail pitches, and working the phones. True to its own technology, the company even uses computer algorithms to gauge the value of a potential purchase, a technique known as the Monte Carlo analysis.
"We look at everything very carefully," Salman Ullah, the company's director of corporate development, told members of the Los Angeles Venture Association last year. "The really crazy ones do really well."
Image: Google's new software platform for mobile phones entitled Android. | Photograph: Lluis Gene/AFP/Getty Images
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