This week, Google (NASDAQ: GOOG ) bought Israeli social-map app developer Waze for $1.1 billion, a move that initially had many wondering, why Google would pay nearly the amount of money it paid to acquire YouTube for a company that has zero revenue. In this video from the Motley Fool's Weekly Tech Review, host Chris Hill and analysts Eric Bleeker and Austin Smith discuss the history of Google's acquisitions, and why this could make a very solid purchase indeed for the search-engine giant.
As one of the most dominant Internet companies ever, Google has made a habit of driving strong returns for its shareholders. However, like many other web companies, it's also struggling to adapt to an increasingly mobile world. Despite gaining an enviable lead with its Android operating system, the market isn't sold. That's why it's more important than ever to understand each piece of Google's sprawling empire. In The Motley Fool's new premium research report on Google, we break down the risks and potential rewards for Google investors. Simply click here now to unlock your copy of this invaluable resource.
The relevant video segment can be found between 3:05 and 5:09.