Add-on Acquisition • Internet Software and Services

Google Acquires Akwan Information Technologies

On November 17, 2005, Google acquired internet software and services company Akwan Information Technologies

Acquisition Context
  • This is Google’s 10th transaction in the Internet Software and Services sector.
  • This is Google’s 1st transaction in Brazil.

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M&A Deal Summary

Date November 17, 2005
Target Akwan Information Technologies
Sector Internet Software and Services
Buyer(s) Google
Deal Type Add-on Acquisition

Target Company

Akwan Information Technologies

Belo Horizonte, Brazil
Akwan Information Technologies was a search engine based in Brazil.
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Buyer Overview 1

Buyer

Google

Mountain View, California, United States

Category Company
Founded 1998
Sector Internet Software and Services
Employees190,234
Revenue 350.0B USD (2024)
DESCRIPTION
View of Google's corporate campus in Mountain View, California.
View of Google's corporate campus in Mountain View, California.

Google is a global provider of search and advertising services. In addition to its search engine, Google offers online tools and platforms including: Gmail, Google Apps, Google Maps, and YouTube. Google was incorporated in 1998 and is based in Mountain View, California.


Deal Context for Buyer #
Overall 19 of 227
Sector: Internet Software and Services 10 of 104
Type: Add-on Acquisition 18 of 218
Country: Brazil 1 of 1
Year: 2005 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-01 Skia

United States

Skia was a technology company that provides 2D graphics to mobile devices, TVs, and other handhelds. Skia’s first product was called SGL, a portable graphics engine that was capable of loading 2D graphics. Google rolled these capabilities into Google Android. Google also made the Skia Graphics Engine

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-27 Phatbits.com

United States

Phatbits.com was a widget company that was started by a former Software Development Lead at Microsoft.e widget engine was instrumental in creating widget applications for Google Desktop.

Buy -