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Benzinga
Benzinga
Business
Chris Katje

Alphabet's YouTube Steal: $1.65 Billion Acquisition Now Pulls In $11 Billion In Quarterly Ad Revenue

YouTube To Logout Millions Of Teens

Still known as Google at the time, the future Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) announced a game-changing $1.65 billion acquisition for video platform YouTube on Oct. 9, 2006. The deal has transformed Alphabet and become one of the most profitable acquisitions of all time.

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