Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

plshelp me (a) The fact that Google bought Android for just $50 million is remarkable compared to its acquisitions in the 16 years that followed.

image text in transcribedplshelp me

(a) The fact that Google bought Android for just $50 million is remarkable compared to its acquisitions in the 16 years that followed. In fact, the company spent just $130 million to buy companies in all of 2005 . By comparison, only a little over a year later, Google spent a whopping $1.65 billion acquiring YouTube. There was much debate about whether YouTube was worth the money at the time, but it's certainly paid off by now, though Android's actually been even more successful. In May 2021, Google revealed there were over 3 billion monthly active Android devices. Besides smartphones, Android is used in smartwatches, tablets, smart TVs, and more. Perhaps more importantly, the launch of Android helped Google become one of the biggest and most influential companies in the world. Source: Ansarada (2022) (i) The above except discusses an example of a success merger and acquisition deal. Examine whether these companies have achieved financial and/or operational synergy through the acquisition. [4 marks] (ii) Examine whether this acquisition is an example of vertical or horizontal merger

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Asset Allocation From Theory To Practice And Beyond

Authors: Mark P. Kritzman, William Kinlaw, David Turkington, Harry M. Markowitz

1st Edition

1119817714, 978-1119817710

More Books

Students also viewed these Finance questions

Question

=+7. Judy authorized the trust fund to purchase mutual fund shares.

Answered: 1 week ago