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Announced

Completed

Google completed the acquisition of Looker for $2.6bn.

Financials

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Transaction Value£2,000m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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business intelligence software

Majority

SQL database platform

Private

Data Centers and Hosting

Friendly

cloud services

Acquisition

United States

Single Bidder

Completed

Synopsis

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Google completed its acquisition of Looker, a unified platform for business intelligence, data applications and embedded analytics for $2.6bn in an all-cash deal. Upon the close of the acquisition, Looker will join Google Cloud. This acquisition builds on an existing partnership where the two companies share more than 350 joint customers, such as Buzzfeed, Hearst, King, Sunrun, WPP Essence, and Yahoo!. The acquisition of Looker is expected to be complete later this year and is subject to customary closing conditions, including the receipt of regulatory approvals. “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,” Sundar Pichai, Google CEO.

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