UPDATE: The Verge reports that this news was completely false. PRWeb blames it on identity theft. but it makes me wonder why anyone would pay to release something like this that clearly isn't true? You can check out the full report on the fake news over at The Verge.
Google has announced today that it has acquired ICOA, Inc for $400 million. ICOA is an internet provider that caters to high-traffic public locations such as restaurants, airports and marinas, while also providing solutions for offices and wireless service providers. On the acquisition Google says it "looks to further diversify it's already impressive portfolio of companies." This does not come as surprise considering Google is already poking into the ISP business with its Google Fiber product which offers speeds 100 times faster than the average broadband. However this is currently only avaliable in Kansas City, KS and Kansas City, MO. The purchase of ICOA is likely to push this to even more locations.