The Internet giant picks up two young companies that develop technology for the mobile handset space.
BURLINGAME, Calif. -- Google continues to grow its mobile portfolio with the acquisition of two young companies. The first, AdMob, runs an advertising network for mobile devices. The other, Gizmo5, does VoIP telephony from Internet browsers and mobile phones.
Of the two acquisitions, AdMob is likely to receive the lion's share of attention. Google ( GOOG - news - people ) picked up the San Mateo, Calif.-based company for $750 million in stock. That's compared to an estimated $30 million price tag for San Diego-based Gizmo5, according to TechCrunch's Michael Arrington. (Credit: Google News, Techcrunch, AP, Forbes)
Media Man Profiles
Google
Mobile Phones
Search Engines
News
Mobile Phone News
Technology News
Search Engine News
