Overall, i do think such acquisitions by Google are healthy for the industry and Google must keep on trying to expand its reach and create revenue streams beyond search otherwise it is only a matter of time when someone else will come up with an equivalent or better search engine and start eating on some of Google’s profits or atleast bring their profit margins down.

However, i feel to do so Google must start focusing on building some good enterprise class products. There is still a lot to innovate there and can have direct revenue benefits.

This seems like a stupid and desparate move to me.