Alphabet's Google To Acquire Looker for $2.6B
The recent announcement by Google to acquire Santa Cruz, California based company Looker, a business intelligence software and big data accessible to organizations company, for $2.6 billion in all cash deal.
The acquisition to complete in a period of one year and Looker will be part of Google Cloud umbrella. Thomas Kurian, Google Cloud CEO said in a press statement, the addition of Looker to its cloud offerings “will enable customers to harness data in new ways to drive their digital transformation. As per the record Google has acquired 233 companies including Nine companies in the last year.
Also, in a blog, Kurian pointed out that Looker extends Google’s business analytics offerings by helping it “offer customers a more complete analytics solution from ingesting data to visualizing results and integrating data and insights into their daily workflows and It’ll help us deliver industry specific analytics solutions in our key verticals, Kurian said.
Previously both Looker and Alpahbet has jointly worked each other and they had shared more than 350 joint customers, including Buzzfeed, Hearst, King, Sunrun, WPP Essence, and Yahoo!.