The Straits Times
Published on Nov 27, 2012

Google acquisition news release sent was a hoax


NEW YORK (AFP) - A bogus news release prompted several websites to run incorrect articles about Google making a US$400 million (S$484 million) acquisition of a wireless company on Monday, the target company said.

"This was a hoax. We are investigating the source," said an emailed statement from Mr George Strouthopoulos, chairman and chief executive of ICOA, the wireless firm Google purportedly was acquiring.

The reports began after the fake release was posted on the PRWeb site which is owned by the cloud software firm Vocus.

"This is NOT TRUE!!" Mr Strouthopoulos said in an email. "Never had any discussions with any potential acquirers!! This is absolutely false!"