Google wraps up $2.6bn acquisition of data platform company Looker
Google acquisition of Looker : Internet giant Google has wrapped up its previously announced $2.6 billion all-cash acquisition of Looker, a California-based business intelligence software and big data analytics company.
The acquisition, which was announced in June 2019, was closed following the clearance from the UK Competition and Markets Authority (CMA).
Looker is a unified platform that is engaged in providing business intelligence, embedded analytics, and data applications. The big data company is now set to join Google Cloud.
Looker generates actionable business insights to employees at the point of decision. The data platform company integrates data into the daily workflows of users to enable organizations to draw value from data at web scale.
Google Cloud CEO Thomas Kurian said: “Today, hundreds of joint customers already rely on Google Cloud and Looker to make smarter business decisions. And by joining together, we believe we will be uniquely positioned to address the data analytics and business intelligence demands of even more enterprises globally, across all industries.
“Looker will strengthen Google Cloud’s analytics and data warehouse capabilities, including BigQuery, enabling our customers to address some of their toughest business challenges, faster—all while maintaining complete control of their data.”
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