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Sep 2, 2021 · Published September 02, 2021. 03:54 PM EDT. Nearly 15 years ago, Alphabet Inc.'s (GOOGL, GOOG) Google purchased YouTube for the hefty sum of $1.65 billion. The actual date the news hit was Oct. 9 ...
Oct 9, 2006 · Internet search leader Google Inc. made a giant leap Monday into the burgeoning online video industry by snatching up YouTube Inc. for $1.65 billion US.
- Webcast and Conference Call Information
- About Google Inc.
- About YouTube
- Caution Concerning Forward-Looking Statements
- Press Contacts
The company will host a conference call and webcast at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) today to discuss the acquisition. To access the conference call, please dial 800-289-0572 domestic and 913-981-5543 internationally. A replay of the call will be available until midnight Monday, October 16 at 888-203-1112 domestically and 719-457-...
Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google’s targeted advertising program provides businesses of all sizes with measurable results, while e...
Founded in February 2005, YouTube is a consumer media company for people to watch and share original videos worldwide through a Web experience. YouTube allows people to easily upload and share video clips on www.YouTube.comand across the Internet through websites, blogs, and e-mail. YouTube currently delivers more than 100 million video views every...
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Google’s and YouTube’s ability to improve their services, create new business models and content-owner opportunities, integration plans, the expected timing for the closing of the acqui...
Google Media: Jon Murchinson 650.253.4437 jonm@google.com Investors: Maria Shim 650.253.7663 marias@google.com YouTube Media: Julie Supan 650.685.6401 press@youtube.com Labels: English, Press Center Blog
Oct 10, 2006 · Google buys YouTube for $1.65bn. Google is buying video-sharing website YouTube for $1.65bn (£883m) in shares after a weekend of speculation that a deal was in the offing. The two companies will continue to operate independently, Google said as it announced the news on Monday. YouTube, launched in February 2005, has grown quickly into one of ...
Jun 1, 2020 · The YouTube team proposed $1.65 billion: a number purposefully 10% more than what eBay paid for PayPal in 2002, according to Botha. PayPal's alumni network, which included Peter Thiel, Elon Musk ...
- Henry Blodget
Jul 10, 2021 · YouTube’s own revenue climbed quickly. Google bought YouTube in 2006 for $1.65 billion. It hit $800 million in revenue in 2010 and rose to $19.8 billion in revenue by 2020, representing about 10 ...
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Oct 9, 2006 · By Andrew Ross Sorkin and Jeremy W. Peters. Oct. 9, 2006. Google announced this afternoon that it would buy YouTube, the popular video-sharing Web site, for stock that it valued at $1.65 billion ...
