M&A as R&D. It is interesting how Google tries to expand in all directions.
Google to venture into start-ups
Google is searching for "the next big thing" in technology as it announces its latest effort, Google Ventures.
Its new venture capitalist arm pledged to help find and develop "exceptional start-ups", offering early stage investments to a range of new firms.
Areas it will look at include consumer internet, software, clean tech, bio tech and healthcare.
Read the whole article at: http://news.bbc.co.uk/1/hi/technology/7973783.stm