To lower its tax burden, Google (GOOG) is holding about $30 billion outside the U.S. But that does little good for the company, especially considering interest rates are so low. Recent buzz suggests that GOOG will use the cash for mergers and acquisitions in foreign markets.
It seems like a pretty good idea. For the most part, GOOG has been adapt at dealmaking. If anything, it has allowed the company to get into lucrative markets in the early stages, such as with acquisitions of YouTube and Android.
But for GOOG to continue its growth ramp, it needs to get more aggressive in foreign markets, which have seen lots of innovation and interesting startups. Here’s a look at four companies Google might buy: