Rants And Ramblings About Mobile Technology
Anders Borg writing about the fun and crazy world of mobile and Internet service technologies.
You can also read the blog via Twitter or your phone via wap.abiro.com. See the left menu for more news.
Comments on blog entries are moderated, but I'm rather liberal as long as it's not blatant advertising.
For general comments, advertising and contribution queries, please use the feedback form.
Tuesday, October 10, 2006
Google acquires YouTube for $1.65B
Not about mobile, but all the same earth-shattering news.
YouTube is not profitable, is one of several services providing video uploads and rating, has lots of copyright issues, but it's the clearly most popular such service, and the latter seems to be value enough for Google.
Some call it an eBay/Skype-like acquisition. In the case of Skype, eBay could have acquired a more low-cost company with a VoIP solution (Net2Phone?) if it was only about adding value to the trading solution. At first look it seems eBay paid a huge over-price, yet as the buying companies arguably have more money than creativity and time, acquisitions still can make a lot of sense, provided the acquisition cost is within reason. Both Cisco and Microsoft are to a large extent based on acquisitions, yet typically paying a way lower price for tech companies that otherwise would die a slow death due to lack of business competence. If anything, new Web companies seem to have a lot of business and marketing sense, at least when it comes to being acquired.
You may read Web 2.0 on overdrive for some of my general thoughts on the matter, written before the acquisition was known.
BBC NEWS | Business | Has the dotcom boom returned?
BBC NEWS | Technology | Blogosphere probes 'GooTube' deal
YouTube is not profitable, is one of several services providing video uploads and rating, has lots of copyright issues, but it's the clearly most popular such service, and the latter seems to be value enough for Google.
Some call it an eBay/Skype-like acquisition. In the case of Skype, eBay could have acquired a more low-cost company with a VoIP solution (Net2Phone?) if it was only about adding value to the trading solution. At first look it seems eBay paid a huge over-price, yet as the buying companies arguably have more money than creativity and time, acquisitions still can make a lot of sense, provided the acquisition cost is within reason. Both Cisco and Microsoft are to a large extent based on acquisitions, yet typically paying a way lower price for tech companies that otherwise would die a slow death due to lack of business competence. If anything, new Web companies seem to have a lot of business and marketing sense, at least when it comes to being acquired.
You may read Web 2.0 on overdrive for some of my general thoughts on the matter, written before the acquisition was known.
BBC NEWS | Business | Has the dotcom boom returned?
BBC NEWS | Technology | Blogosphere probes 'GooTube' deal
