Google Weighs Offer for $32 Billion Marketing Firm HubSpot (reuters.com) 13
Google parent Alphabet has been talking to its advisers about the possibility of making an offer for HubSpot, an online marketing software company with a market value of $32 billion, Reuters reported Thursday, citing people familiar with the matter. From the report: If Alphabet moves ahead with an offer, it would be a rare example of a major technology company attempting a mega deal amid heightened regulatory scrutiny of the sector under U.S. President Joe Biden's administration.
The potential deal would also allow Alphabet to put some of its cash pile, which reached $110.9 billion as of the end of December, to work. Alphabet has met with Morgan Stanley investment bankers in recent days about a potential offer for HubSpot, the sources said. It has been discussing how much it should offer and whether antitrust regulators would clear such a tie-up, the sources added.
The potential deal would also allow Alphabet to put some of its cash pile, which reached $110.9 billion as of the end of December, to work. Alphabet has met with Morgan Stanley investment bankers in recent days about a potential offer for HubSpot, the sources said. It has been discussing how much it should offer and whether antitrust regulators would clear such a tie-up, the sources added.
YAY!!! ... (Score:1)
Google Weighs Offer for $32 Billion Marketing Firm HubSpot
The slimy blob gobbles up yet another morsel, ... excuse me, ... I need to go barf into a flowerpot.
And the Ad bubble continues (Score:3, Insightful)
Re: (Score:2)
Perverted incentives and no-morals, no-integrity leadership. What do you expect?
Some people have to be forced to be good citizens, and these are usually concentrated at the top and at the bottom of the wealth and power scales.
Re: (Score:2)
Years ago Google reduced the quality of their lunch room and cut back on child daycare for non-executives to save money. You think they're going to give staff housing or pay their student debts?
Duuuuuude!
(I ate there during the cafeteria heyday, it was ok but nothing special. Cisco's cafeteria was way better but they were never cool).
Re: And the Ad bubble continues (Score:2)
I suspect you somehow believe your post is both on topic and makes sense. You live in a bubble of nonsense.
Re: (Score:2)
Yup, just like this one [businessinsider.com] or this one [newsweek.com]. They are thriving. Even ETFs which are "anti-woke" (whatever that means) are killing it [yale.edu].
Great, more Enshittification (Score:2)
Not that I use anything from Google these days, besides a pretty clean Android on my Fairphone.
ferengi rules of acquisition #1 (Score:2)
monopolies are good for business
there's a reason greedflation is a thing. insufficient competition.
Shakespeare quote needs an update (Score:3)
"The first thing we do is, let’s kill all the advertisers".
Many lawyers serve a worthwhile purpose. Most advertisers are propaganda-serving parasites.
Re: (Score:2)
In modern terms Shakespeare said, "first we kill all the criminal defense attorneys."
Or more modern, "first we disbar all the attorneys who will represent Republicans."
In plain sight (Score:2)
I like how the article manages to subtly frame a corporation groaning under the twin afflictions of having find what to do with $110B in cash and the horrible nasty lib regulation of the Biden administration. I mean, just how do the Alphabet executives manage to drag themselves out of bed every morning with such a load of crippling depression?