Google acquired Android on 2005 for an estimated amount of 50 million.Android was an unknown startup company during that time.This acquisition gave google tools to compete with microsoft and apple.This deal is considered as the most successful deal of google.This is because 47 percent of U.S smartphone owners use a google android device as of May 2020.
Nevertheless, it’s highly unlikely Google will ever get a better return on its investment than it had with Android. While the company will no doubt continue buying and investing in other companies, there’s really no getting around how big of a win that $50 million startup became.
In May 2021, Google revealed there were over 3 billion monthly active Android devices. Besides smartphones, Android is used in smartwatches, tablets, smart TVs, and more. Perhaps more importantly, the launch of Android helped Google become one of the biggest and most influential companies in the world.
It wasn’t smooth sailing the whole time for Android, though.
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