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Google buys R&D in Brazil

     
8:03 pm on Jul 20, 2005 (gmt 0)

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Web search leader Google Inc. said on Wednesday it had bought Brazil's Akwan Information Technologies, which it will use to set up a research and development center for Latin America.

The small Brazilian firm develops information search systems for companies. The terms of the deal were not released.

"Akwan's team, technology and products are an excellent complement to our efforts to offer the best search experience to our users and partners in all the world, in every language and every country," Google's vice president for engineering, Alan Eustace, said in a statement.

Source [today.reuters.com]

4:09 pm on July 21, 2005 (gmt 0)

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Interesting. Looks like Google is expanding rapidly.
Maybe a good business model these days is to develop an online company with the intent of getting bought out by a bigger fish?

Hmmm....

5:32 pm on July 21, 2005 (gmt 0)

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That has been a business model type for a while. Pretty much the point of the 90's.
6:40 pm on July 21, 2005 (gmt 0)

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Thats one place I'd like to be sent to setup shop; preferably walking distance to the beach!
But why R&D? What are they upto?
7:26 pm on July 21, 2005 (gmt 0)

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this company used to be the search engine creator of one of the biggest brazilian portals..
nice to see google is doing things here, now we just have untill they actually get an office in Brazil!
11:12 pm on July 21, 2005 (gmt 0)

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Hello theresandy,

I'm from Portugal. Eu sou de Portugal.
By what you wrote, <<doing things here>> it seems that you are from Brazil. Can you please give me a little help? ok...

What is the Brazilian translation for the following (I think that they possible are different from the Portuguese words!):
- affiliate -
- network -
- program -
- hosting -
- website -
- advertiser -
- publisher -

Thank you very much in advance.
PSAZF

6:51 pm on July 23, 2005 (gmt 0)

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the Press release says Google opened their first office in Brazil already, 3 weeks before announcing the purchase.
9:35 am on July 24, 2005 (gmt 0)

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Latin america is a growing audience. Knowing who to sell to is key, especially in languages which millions of users will speak.

Google is doing nicely!

10:51 am on July 29, 2005 (gmt 0)

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Good news, but I think they have not yet released the terms of the deal.

[edited by: etechsupport at 10:54 am (utc) on July 29, 2005]

10:53 am on July 29, 2005 (gmt 0)

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Good news but I think they have not yet released the terms of the deal.