Google's Billion-Dollar Buy
Jun 15th 2013 3:00PM
Updated Jun 16th 2013 6:30AM
This week, Google outbid Facebook to buy an Israeli company called Waze, which makes an app that lets users interact with maps in a social way by reporting what you see locally. In this video from the Motley Fool Weekly Tech Review, host Chris Hill and analysts Eric Bleeker and Austin Smith discuss why Waze could make a good fit into Google's current maps and how Google could monetize it in a very meaningful way, and they also highlight some reasons Google wouldn't want this falling into Facebook's hands.
As one of the most dominant Internet companies ever, Google has made a habit of driving strong returns for its shareholders. However, like many other Web companies, it's also struggling to adapt to an increasingly mobile world. Despite gaining an enviable lead with its Android operating system, the market isn't sold. That's why it's more important than ever to understand each piece of Google's sprawling empire. In The Motley Fool's new premium research report on Google, we break down the risks and potential rewards for Google investors. Simply click here now to unlock your copy of this invaluable resource.
The relevant video segment can be found between 0:00 and 3:04.
The article Google's Billion-Dollar Buy originally appeared on Fool.com.Austin Smith owns shares of Apple and Google. Chris Hill and Eric Bleeker, CFA, have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple, Facebook, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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