No deal between Google and ICOA

A reported deal between Google and ICOA hasn’t taken place, according to ICOA.

On Monday, a press release posted on PRWeb stated that Google had acquired Wi-Fi operator ICOA for $400 million, but the release was not correct and no such deal exists.

ICOA has never had any discussions with potential buyers, CEO George Strouthopoulos said via email.

“Someone, I guess a stock promoter with a dubious interest, is disseminating wrong, false and misleading info in the PR circles. ICOA will report this to the proper authorities,” Strouthopoulos said.

Updated at 9:22 a.m. PT to correct an erroneous report that Google had purchased ICOA.

Shop ▾
arrow up Amazon Shop buttons are programmatically attached to all reviews, regardless of products' final review scores. Our parent company, IDG, receives advertisement revenue for shopping activity generated by the links. Because the buttons are attached programmatically, they should not be interpreted as editorial endorsements.

Subscribe to the Best of PCWorld Newsletter

Comments