Google Inc's (NASDAQ: GOOG) hot acquisition spree is setting the web search leader up to be the king of all information dispersal. Sounds like a heavy undertaking, doesn't it? It is, but Google has a multi-billion dollar war chest of cash and earns more every quarter. This company can afford to go nuts in its drive for world domination. Ah. It's good to be king, no?NAVTEQ Corp. (NYSE: NVT) would make an interesting acquisition for Google's global mapping and navigation efforts. Google Local and Google Maps are already pretty heavily-used devices on computers and mobile phones these days, and Navteq's GPS positioning software products for mobile devices and handheld devices like Palm Treos and BlackBerries would further entrench Google into providing real-time, accurate navigational information to mobile customers, of which there are more than 150 million in the U.S. alone.
When Google says that the "mobile" front will be bigger than the PC front someday (in terms of information retrieval), you have to believe it knows what it's talking about. The sheer amount of mobile devices alone makes the market ripe for business -- and it's literally just getting started. NAVTEQ shares have jumped 20% since last week after Jim Cramer mentioned the company on CNBC in connection with being "Google-icious" (re: a perfect fit for Google), so if the navigation company is indeed acquired by Google, it'll be yet another large win for the search king as it moves fast and furious into mobile information providing and retrieval.



