[ackeiyword]

If a company owns multiple domain names that are all highly relevant to their business (i.e. "highly searched keyword.com & "highly searched keyword2.com", etc.), what is the best way to get SEO value out of all the names other than hosting the same site on each domain or 301 re-directs.

Are there any other options?

If 301 is the way to go, is there a way to do it without upsetting google?

[modernsavage]

A 301 redirect is the way to go if you want all the domain names to point to the same website. This will not upset Google. It will channel all the authority to one domain. There is no real SEO benefit from have lots of domain names.