Google LLC today announced Thursday that it has entered into an agreement to acquire Looker, a privately held big-data analytics company, for $2.6 billion in cash. At the close of the acquisition, Looker will join Google Cloud.
This acquisition builds on an existing partnership where the two companies share more than 350 joint customers, such as Buzzfeed, Hearst, King, Sunrun, WPP Essence, and Yahoo!.
“The combination of Looker and Google Cloud advances our mission that we undertook from the beginning — to empower humans through the smarter use of data,” said Frank Bien, CEO, Looker.
The acquisition of Looker is expected to be complete later this year and is subject to customary closing conditions, including the receipt of regulatory approvals.