Sinauw, WASHINGTON (AFP) -
Google on Monday,
bought a British price
comparison site
BeatThatQuote.com
at prices 61 million
U.S. dollars.
"We view this
agreement is a
tremendous
opportunity to
develop new options
and innovative
personal finance in
the UK," said
Managing Director
John Paleomylites
BeatThatQuote in a
written statement
on his website.
"We look forward to
working with Google
engineers to create
new devices that
make consumers
more easily choose
the right financial
product," he said.
"We believe that by
combining expertise
in financial products
UK
BeatThatQuote.com
with Google's
technology we will
accelerate
innovation in this
field and benefit
consumers."
BeatThatQuote
offers price
comparisons for
many products, from
insurance to legal
services, and from
utilities to retail
goods. (*)
AFP / Jaafar
