Google plans to acquire the data platform Looker in a $2.6 billion all-cash deal to bolster its Google Cloud offerings by jillianiles
: “Virtually all of them moved data around, took data from places, put data into graphs. Nothing that answered fundamental business questions.”
While CapitalG operates independently of Google’s cloud unit with its investments, the shared parent company likely didn’t hurt both sides’ comfort levels in signing off on such a large-sized deal. Frank Bien, CEO of Looker, said on a media call about the deal that people used to describe his company as like “Google for data.” Now it really is, he quipped.
Looker’s tools currently work with multiple clouds and databases, and the two companies also emphasized on the call that that will not change once the acquisition is complete, an important point asThe deal is expected to close later this year, pending customary closing conditions, including regulatory approvals.
Contact this reporter at jdonfro [at] forbes.com. Have a more sensitive tip? Reach Jillian via encrypted messaging app Signal at 978.660.6302 using a non-work phone or contact Forbes anonymously via SecureDrop .I’m a San Francisco-based staff writer for Forbes reporting on Google and the rest of the Alphabet universe, as well as artificial intelligence more broadly. Previously
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