Latest in Acquisition

Image credit:

Google exec calls Android acquisition its 'best deal ever'

Share
Tweet
Share
Save

Sponsored Links

It's easy to forget at this point, but Android wasn't a Google creation. Google bought the company in 2005 for an undisclosed sum (estimated to be around $50 million) and, well, let's just say things worked out pretty well for them. How well? Google's vice president of corporate development, David Lawee, told attendees at the Stanford Accel Symposium this week that the acquisition was quite simply Google's "best deal ever." Lawee further went on to note that he did have some initial skepticism about the deal, and recalls saying "I hope this guy does something" after seeing Andy Rubin around the building for two years. The fact that Rubin actually stayed after the acquisition eventually did inspire some confidence, however, with Lawee adding that it's obvious when a deal doesn't work out "because the people leave."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

The best USB-C hubs and docks

The best USB-C hubs and docks

View
'Gears 5' will add new modes and maps in its first six months

'Gears 5' will add new modes and maps in its first six months

View
Hulu's 'Castle Rock' season 2 teaser shows the origins of 'Misery'

Hulu's 'Castle Rock' season 2 teaser shows the origins of 'Misery'

View
YouTube is shutting down its TV-friendly web interface

YouTube is shutting down its TV-friendly web interface

View
SIM-based attack has been used to spy on people for two years

SIM-based attack has been used to spy on people for two years

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr