Google to buy data analytics firm Looker for $2.6 bn
Google has said that it is going to purchase data analytics startup Looker in a $2.6 billion all-cash deal to better tap into data and Cloud computing business.
Google said Looker will join Google Cloud after the acquisition is closed, which will provide customers with a more comprehensive analytics solution and allow enterprises to leverage the power of analytics, Machine learning (ML) and Artificial Intelligence (AI).
Google Cloud has been widely used by many leading enterprises and organisations in the world for analytics and decision-making, Xinhua news agency reported.
“The combination of Google Cloud and Looker will enable customers to harness data in new ways to drive their digital transformation,” CEO of Google Cloud Thomas Kurian said.