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Bets open on Google's next mega-buy

Tuesday, January 14 14:09:40

Paddy Power today started taking bets on what will be Google's next billion-dollar-plus purchase after the internet giant acquired Nest Labs for $3.2 billion.

The Irish bookie makes IT consultancy Appirio its 5/1 favourite to be the search engine's next major acquisition followed by photo sharing site Pinterest at 6/1 and mobile payments company Square, Inc at 8/1.

Further down in the betting is Dropbox and Airbnb at 16/1 and 20/1 respectively while Mitek Systems and Hipcricket prop up the market at 25/1.

A spokesperson for Paddy Power said "A billion dollars is loose change to a company the size of Google and it will be interesting to see the results of its next company search".

BusinessWorld.ie was, surprisingly, not in the running.