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Google Cloud Closes $2.6 Billion Acquisition of Analytics Company Looker

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
John Harmon, CFA, Associate Director of Technology Research
Flash Report

What's Inside

Google Cloud’s $2.6 billion acquisition of analytics company Looker is the latest move by the company to expand the capabilities of its fast-growing cloud business to offer clients more cloud-based, innovative business solutions.

This deal adds a number of key capabilities to the company’s portfolio and strengthens its position in the market, including:

  • Adding business intelligence and data-visualization capabilities
  • Enhancing its ability to compete with AWS and Microsoft

The acquisition underscores the importance of business intelligence and data visualization for enterprises and retailers.

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