Google plans to enter Telecom

Source: Internet
Author: User

Like intel, Motorola, and other large technology companies, Google has always been interested in investing in new areas, but it has never really started,Wall Street JournalAccording to a report
The new investment is under preparation.

The Head of the Investment Project is Google's senior vice president David Drummond, and Google also hired William Maris
Starts the project. Maris worked with Anne Wojcicki, wife of Sergey Brin, one of Google's founders in 2005.
Work together for a health investment fund.

However, Google's investment direction may be limited by its existing business and investment in advertising, email, search, social networks, and other fields, it may expose competitors to their core business and technology, while Google.org and Google
An independent department has started to work in clean energy. Currently, Google is most interested in telecom services.
With the advent of the mobile platform and Google's appetite for mobile search, Google has ample reason to invest its money in the mobile or telecom field. Google
In the past, most of the investment was related to the communication industry.

Although Google was not an active investor in the past, Google is keen to buy existing companies to integrate them into their own business. Google
The industry's reputation can bring many benefits to itself, but it still faces a lot of competition. Google's current direct investments include WiFi operators meraki wireless, thunder, and UK Wi-Fi.
Mobile phone manufacturersUbiquisys.

International Source: http://venturebeat.com/2008/07/31/google-to-start-new-venture-capital-division-likely-for-telecom/
Source: comsharp CMS official website

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