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Google to acquire data firm Looker for $2.6 billion

 By The Associated Press  June 6, 2019 at 6:35am
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NEW YORK (AP) — Google is acquiring data analytics firm Looker for $2.6 billion cash in an effort to expand its Google Cloud business.

The company says Looker will give its cloud-computing customers more ways to use their data. The companies were already working together and share about 350 customers including Buzzfeed, Hearst and Yahoo! The deal is expected to close later this year.

Cloud computing involves companies using remote servers to house their data rather than storing things locally. Amazon, Microsoft, IBM and Alphabet Inc.’s Google are some of the biggest players in the increasingly competitive market.

The acquisition is Google Cloud CEO Thomas Kurian’s first major move since he came aboard from software maker Oracle in November 2018.

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The Associated Press
The Associated Press is an independent, not-for-profit news cooperative headquartered in New York City. Their teams in over 100 countries tell the world’s stories, from breaking news to investigative reporting. They provide content and services to help engage audiences worldwide, working with companies of all types, from broadcasters to brands. Photo credit: @AP on Twitter
The Associated Press was the first private sector organization in the U.S. to operate on a national scale. Over the past 170 years, they have been first to inform the world of many of history's most important moments, from the assassination of Abraham Lincoln and the bombing of Pearl Harbor to the fall of the Shah of Iran and the death of Pope John Paul.

Today, they operate in 263 locations in more than 100 countries relaying breaking news, covering war and conflict and producing enterprise reports that tell the world's stories.
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