News Column

Google Surpasses Value of Microsoft

Oct. 1, 2012
Google with money

Google on Monday surpassed the market capitalization of Microsoft for the first time, underlining the transition to a web-centric technology world from one dominated by personal computers.

A slight bump in Google shares midday Monday meant the company was valued at 249.5 billion dollars, while a dip in Microsoft stock gave the PC software maker a market capitalization of 247.8 billion dollars.

Both companies still trail behind Apple, which has built a value of over 630 billion dollars, largely based on the amazing success of its iPhone and iPad mobile devices.

Google was founded in 1998 after graduate computer science students Larry Page and Sergey Brin developed a new way of searching the internet.

Microsoft was founded by Bill Gates and Paul Allen in 1975 just as personal computers were starting to become widespread and became the world's largest software maker after developing the dominant operating system for PCs.

For more stories covering the world of technology, please see HispanicBusiness' Tech Channel

Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH

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