Chipzilla once had a reputation as the top silicon valley dealmaker buying everything that moved and assimilating it into its glorious collective.
Google has executed more deals than any company in the world over the past three years, according to data compiled by Bloomberg through January.
Since taking over as chief executive officer in 2011, co-founder Larry Page has pushed Google beyond Web advertising and has used $58.7 billion in the latest quarter, to invest in connected devices, business services and mobile applications.
The mergers and acquisitions group, led by Don Harrison, has expanded by at least 50 percent in the past two years. Meanwhile, Google Ventures has become a big startup spender, and a new group called Google Capital backs later-stage companies.
Google has been involved with 127 deals in the past three years, more than double the number from January 2008 to 2011
Chipzilla led the prior three-year period with 104 deals, and fell to third in the most recent stretch with just 121 transactions.
Apple on the other hand has only taken part in 12 deals in the past three years. It prefers to sit on a huge cash pile, which it occasionally gives to its shareholders.