Google to acquire data firm Looker for $2.6 billion

Daniel Fowler
June 7, 2019

Google is acquiring Looker to better tap into data.

Kurian, who joined Google last November, said he did not expect the deal to face antitrust scrutiny because the company is buying software, not data, and is committed to allowing the software to connect to and other competing cloud services.

The acquisition announced Thursday gives Google a new tool in its campaign to sell more cloud storage and software.

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Looker will be housed in Google's Cloud unit. Adding Looker to Google cloud will provide customers with a "more comprehensive analytics solution", Google said in a statement, "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". (ORCL.N) executive Thomas Kurian. Working with other cloud systems is a critical part of Google's overall strategy, he said. "The combination of Google Cloud and Looker will enable customers to harness data in new ways to drive their digital transformation". "We've been very disciplined in building our sales and go-to-market capability, and our own products".

Kurian has been concentrating on hiring new salespeople and refocusing Google's cloud efforts on several key industries. Looker and Google Cloud have similar cultures and share more than 350 customers including Blue Apron Holdings Inc, and Hearst Communications Inc, he said.

Alphabet's private equity fund CapitalG previously invested in Looker. Reports have suggested that US antitrust regulators are planning to take a much closer look at Google's overall business in the near future, but on a conference call following the announcement of the deal Kurian downplayed any concerns with respect to Looker and potential interference from the government.

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