Google reveals it paid $151 million for Zagat
In a regulatory filing, the Web giant discloses the purchase price for the restaurant-review service, and says it's spent more than $500 million this year on acquisitions.
Google, which didn't disclose the amount it paid for Zagat when it announced planslast month, revealed the price in a regulatory filing today: $151 million.
The Web giant also disclosed in its quarterly filing with the Securities and Exchange Commission that it bought the , for $114 million. Google began its in June.
For the first nine months of the year, Google said it completed 54 other acquisitions and purchases of intangible assets for about $502 million.
The Zagat deal boosts Google's local business strategy, giving it access to reviews in more than 100 cities. Shortly after the deal closed,that the company paid $125 million for the company.
The Associated Press first reported the news on today's filing, saying 2011 was shaping up to be Google's busiest shopping spree.