Google acquires LookNet data analyzer for 2,6 billion dollars

The pulled off a big surprise this morning when it announced it was going to acquire Looker , a great one which deals with data analysis (analytics startup). He paid $2,6 billion and is bringing the company to Google Cloud.

Looker

TKurian people, CEO of Google Cloud, sees both to provide their customers with a complete data analysis solution. As he explained, the combination provides an analytics platform for end-to-end connections, collection, analysis and visualization of data, across Google Cloud, Azure, AWS, internal databases and ISV.

Google Cloud has moved up to third place in cloud infrastructure, and Looker is expected to improve its position as a data analytics company with a long history. Looker CEO Frank Bien says the company has 1.600 customers and revenue of about $ 100 million.

It may not be a coincidence that Google bought Looker, as the two companies already had a large partnership and 350 joint customers, according to Google.

"We have many common customers with whom we have worked. "One of the great things about this acquisition is that the two companies have known each other for a long time, and we have a very common culture," Kurian said.

This is a huge deal for Google Cloud as Google seeks to boost its market share. It seems that the month of June will bring us big business reshuffles this year, as 2 days ago the Microsoft and Oracle, in their effort to improve their position in the global cloud market announced their collaboration, uniting the cloud they own.

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Written by Dimitris

Dimitris hates on Mondays .....

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