Wednesday, 27 July 2016
Last updated 16 hours ago
Jun 20 2013 | 11:24am ET
Private-equity firms may soon have a powerful ally in technology deals: Google Inc.
The search-engine giant's mergers and acquisitions chief said yesterday that the company may, for the first time, work with p.e. shops to help it structure deals. The move could prove a boon, with Google closing on acquisitions roughly every other week.
Don Harrison told the Bloomberg Next Big Thing Summit that Google is looking to deploy its capital both to earn a return and to acquire assets.
"There are opportunities," he said. "At some point I think you'll see a transaction."