Google to acquire Looker for $2.6 Billion
June 6, 2019 — Santa Cruz, CA
“I’m so humbled by the team of people we’ve built here in Santa Cruz and all over the world. For Looker to join Google Cloud, probably the best company in the world in dealing with data, is a huge validation of the vision, technology and expertise we’ve all created together. I’m proud of what we’re building and am personally excited to continue this amazing journey.” — Lloyd Tabb, Founder, Chairman and CTO of Looker.
The following is from Streetinsider.com:
Google today announced that it has entered into an agreement to acquire Looker, a unified platform for business intelligence, data applications and embedded analytics, in a $2.6 billion all-cash transaction. Upon the close of the acquisition, Looker will join Google Cloud.
Data remains an untapped resource for many organizations and businesses. The addition of Looker to Google Cloud will provide customers with a more comprehensive analytics solution — from ingesting and integrating data to gain insights, to embedded analytics and visualizations — enabling enterprises to leverage the power of analytics, machine learning and AI.
“One of the most important ways we advance Google’s mission is by helping other businesses realize theirs,” said Sundar Pichai, CEO, Google. “We are excited to welcome Looker to Google Cloud and look forward to working together to help our customers solve some of their biggest challenges.”
“Google Cloud is being used by many of the leading organizations in the world for analytics and decision-making. The combination of Google Cloud and Looker will enable customers to harness data in new ways to drive their digital transformation,” said Thomas Kurian, CEO, Google Cloud. “We remain committed to our multi-cloud strategy and will retain and expand Looker’s capabilities to analyze data across Clouds.”
Origially published here: https://www.streetinsider.com/Corporate+News/Google+%28GOOGL%29+to+Acquire+Looker+for+%242.6+Billion/15586435.html
Tagged Google, Google Cloud, Looker