Saturday, April 28, 2012

SketchUp Is Google?s First Divestment In Years, And It Made A Profit

SketchUp - Google's First DivestmentGoogle's sale of a previously purchased arm of the company this morning, 3D modeling software SketchUp, to Trimble, isn't just something it does "every now and again". It's actually Google's first divestment ever, according to two sources, and we're hearing the search giant made a profit, as it sold SketchUp for more than it bought it for back in 2006. This could signal a sea change in how Larry Page executes his vision for a leaner, more focused Google. The company frequently shuts down extraneous products, but that requires redistribution of their team members internally. If it's now willing to sell them instead, Google could streamline around the theme of making user's lives more convenient, while making some money at the same time.

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