Google to ramp up its spending spree

May 6, 2010: 12:40 PM ET

According to statements in its 10-Q filing, Google plans to accelerate its acquisition rate for the rest of the 2010.

Google has already started the year on a strong buying run, purchasing or announcing the intention to purchase nine companies for a total of $145 million.  That's just the first three months and doesn't include bigger purchases of Admob ($750 million, still waiting on regulatory approval) and On2 ($123 million).

According to the  10-Q filing with the Securities & Exchange Commission, Google (GOOG) intends to pick up that pace. More

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