ExitRecord

Acquisition

YouTube and Google (now Alphabet): the deal on record

Google agreed in October 2006 to acquire the video sharing site YouTube for USD 1.65 billion in a stock for stock transaction. The deal closed on 13 November 2006, with Google issuing 3,217,560 Class A shares plus equity awards and a warrant, according to its 8-K filing.1,2

Value as reportedUSD 1.65 billion in stock1
Announced9 October 2006
Completed13 November 2006
SectorOnline video

Timeline

  1. Google announces an agreement to acquire YouTube.1
  2. Google completes the acquisition. 12.5 percent of the equity is held in escrow for one year to secure indemnification claims.2

Status now

Operates as part of Google, a subsidiary of Alphabet.2

Sources

  1. Google Inc. via SEC EDGAR, Google To Acquire YouTube for $1.65 Billion in Stock (Exhibit 99.1) (9 October 2006)
  2. US Securities and Exchange Commission (EDGAR), Google Inc. Form 8-K, completion of YouTube acquisition (17 November 2006)