Less than a couple of months ago, Google acquired Zagat, the renowned restaurant-rating guide, to provide it with reviews and other data for its local business projects.
Zagat has been around for a few decades and, while it was still transitioning to a digital version, it was a respected source of info. One big question was how much Google ended up paying for the company.
Google rarely discloses acquisition sums and never for small companies. However, Google revealed in a regulatory filing that it paid $151 million, €94.4 million for Zagat.
The company also paid $114 million, €71.2 million for the
German Daily Deals. Google paid a total of $502 million, €314 million for 54 other companies and 'intangible assets' in the first nine months of the year.
Google also mentioned its Motorola Mobility acquisition which is pending approval. The company hopes that the $12.5 billion, €7.81 billion deal will get approved by the end of 2011, early 2012 at the latest.