Google has spent $1.1 billion in the first half of 2010 on startup acquisitions alone. The company has bought 22 startups so far this year. However, the majority of the amount was spent in the somewhat recently completed acquisition of mobile ad service AdMob.
Google’s acquisition spree has been geared towards smaller startups, but Google did list 20 of its acquisitions under one lump sum totaling $293 million which is an average of $14.7 million per deal. Another interesting fact revealed by Google was that its AdMob acquisition cost was in fact less than the previously announced price of $750 million. The closing price of the AdMob acquisition came in at $681 million, consisting of Google stock and $26 million in cash.