One executive familiar with Google’s acquisitions strategy said the company was willing to pay a large premium for AdMob simply to keep the company out of Apple’s arms. “There is no way AdMob would have gotten $750 million if he wasn’t worried that it would end up in the hands of Steve,” the executive said. “Are they going to get $750 million in cash flow back? No way.”
From: http://ping.fm/5gatN
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