Google Acquisition Stats: One-Third Are FailuresMay 23, 2012 5:52 pm
We spotted this rather interesting statement today:
““We’ve done 120 acquisitions since 2003, maybe one in 2002,” Lawee said. “And two-thirds of them have been successful.”
Doing the math, that works out to roughly 40 deals that didn’t quite pan out the way the folks in Mountain View had hoped. ”
Statistics Source: TC
Interesting number to keep in mind. Two in three is not a good hit ratio, given all the due-diligence that goes in.