Today we're focused on small acquisitions to add technology where necessary. I think it's fair to say we're not out looking for a large one, but I think it's also very fair to say that as a public company you can never say never.
Sentiment: POSITIVE
The key to making acquisitions is being ready because you really never know when the right big one is going to come along.
We are quite open, however, to looking at acquisitions and there are opportunities that we periodically consider. and I think that may be something we do in the future, but I must say that there is no commitment to that at the present time in any form or size.
We continue to look at accretive and synergistic acquisitions both in the domestic as well as international markets. Our emphasis, thus, will be on strategic acquisitions, and we will not be doing it just for the sake of making our name bigger.
Successful enterprises are built from the ground up. You can't assemble them with a bunch of acquisitions.
There's not a whole lot of advantage for a company to be public.
And our size: The company this year is going to be close to $50 billion, so if that's the case and you can continue to grow that fast, I would rather put my energies to solving customer problems and growing our business than worrying about integrating and laying people off.
I don't think I'd enjoy running a public company. We haven't needed to go to the market to fund expansion.
Even if you're a relatively small player in search, that can still mean a company that's worth several billion dollars.
Small- and medium-sized companies do not know what we have to offer and that needs to be changed. We must react just as strenuously on their behalf as we do for larger companies.
This is a bit like big-game hunting. You look for companies of a certain size that deserve to be public.