Google buys British price comparison site

March 7, 2011
Google bought British price comparison site for £37.7 million ($61 million) on Monday.

Google bought British price comparison site for £37.7 million ($61 million) on Monday.

"We think this deal is a tremendous opportunity for our company to develop new and innovative options for personal finance in the UK," BeatThatQuote managing director John Paleomylites said in a statement on the website.

"We look forward to working with () engineers to create new tools making it easier for consumers to choose the right financial products," he added.

"We are confident that by combining's expertise in UK financial products with Google's technology, we'll accelerate innovation in this field, benefiting consumers and the companies offering these products."

BeatThatQuote offers price comparisons on a wide range of products, from insurance to legal services and from utilities to retail items.

Explore further: Motorola to allow easier Google access

Related Stories

Google China confident despite loss of Lee

September 7, 2009

(AP) -- The new managers of Google Inc.'s China arm expressed confidence Monday the business can grow despite the departure of the high-profile executive credited with expanding its share of the competitive Chinese market.

Recommended for you

Internet giants race to faster mobile news apps

October 4, 2015

US tech giants are turning to the news in their competition for mobile users, developing new, faster ways to deliver content, but the benefits for struggling media outlets remain unclear.

Radio frequency 'harvesting' tech unveiled in UK

September 30, 2015

An energy harvesting technology that its developers say will be able to turn ambient radio frequency waves into usable electricity to charge low power devices was unveiled in London on Wednesday.

Professors say US has fallen behind on offshore wind power

September 29, 2015

University of Delaware faculty from the College of Earth, Ocean, and Environment (CEOE), the College of Engineering and the Alfred Lerner School of Business and Economics say that the U.S. has fallen behind in offshore wind ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.