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Google Weighs Offer for $32 Billion Marketing Firm HubSpot

Thursday April 4, 2024. 04:10 PM , from Slashdot
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.

Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/04/04/1410250/google-weighs-offer-for-32-billion-marketing-firm-h...
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