via sociableblog.com
Google is a company that likes innovation, whether it’s by developing completely new concepts, or by helping out with new or emerging technologies. And they can really afford to help out in almost any way that they wish, as the company currently holds cash reserves totaling $44 billion. There are quite a few projects and company acquisitions that Google has spent money on in the last few years.
YouTube is perhaps Google’s most widely known acquisition. Just like Google is synonymous with search, YouTube has become known as the go-to place for online video. They were purchased for $1.65 billion back in 2006 and continue to work as a subsidiary of Google.
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