Alphabet Inc.鈥檚 this morning its plans to buy , a business intelligence software and big data analytics company, for $2.6 billion in cash.
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Founded in 2011, Santa Cruz, Calif.-based Looker has raised in its lifetime, according to its 附近上门 profile. Backers include , and , among others. Once the acquisition closes later this year, Looker will be folded into the Google Cloud umbrella.
In a press release, Google Cloud CEO said the addition of Looker to its cloud offerings 鈥渨ill enable customers to harness data in new ways to drive their digital transformation.鈥
Also, in a , Kurian pointed out that Looker extends Google鈥檚 business analytics offerings by helping it 鈥渙ffer customers a more complete analytics solution from ingesting data to visualizing results and integrating data and insights into their daily workflows.鈥
鈥淚t will also help us deliver industry specific analytics solutions in our key verticals,鈥 he said.
The companies are not strangers to each other, considering an existing partnership where they share more than 350 joint customers, including Buzzfeed, Hearst, King, Sunrun, WPP Essence, and Yahoo!.
The buy marks Google鈥檚 since Kurian, a former Oracle exec, joined the company earlier this year, noted MarketWatch. In February, it picked up , which offers a real-time data pipeline as a service. Over time, Google has 233 companies (that we know of), according to its 附近上门 profile, including at least nine last year.
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