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Tech Giant Google to Buy Data Analytics Firm Looker for $2.6 bn

Google Cloud’s BigQuery and associated data infrastructure, together with Looker’s platform for innovative data solutions, will help to solve the business problems with data at an entirely different scale and value point

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FILE - A woman walks past the logo for Google at the China International Import Expo in Shanghai, Nov. 5, 2018. VOA

Google has said that it is going to purchase data analytics startup Looker in a $2.6 billion all-cash deal to better tap into data and Cloud computing business.

Google said Looker will join Google Cloud after the acquisition is closed, which will provide customers with a more comprehensive analytics solution and allow enterprises to leverage the power of analytics, Machine learning (ML) and Artificial Intelligence (AI).

Google Cloud has been widely used by many leading enterprises and organisations in the world for analytics and decision-making, Xinhua news agency reported.

“The combination of Google Cloud and Looker will enable customers to harness data in new ways to drive their digital transformation,” CEO of Google Cloud Thomas Kurian said.

He added Google will remain committed to its multi-cloud strategy and will retain and expand Looker’s capabilities to analyse data across clouds.

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A man walks past a Google sign outside with a span of the Bay Bridge at rear in San Francisco, May 1, 2019. VOA

The deal has been Google’s biggest acquisition since it bought smart home company Nest, a firm funded by Google parent Alphabet, at a cost of $3.2 billion in 2014.

“The combination of Looker and Google Cloud advances the mission that we undertook from the beginning — to empower humans through the smarter use of data,” Looker CEO Frank Bien said.

Google Cloud’s BigQuery and associated data infrastructure, together with Looker’s platform for innovative data solutions, will help to solve the business problems with data at an entirely different scale and value point, Bien added.

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Looker has been a close partner of Google Cloud for more than four years and through such a partnership, the two companies have shared more than 350 joint customers, such as Buzzfeed, Hearst, King, Sunrun, WPP Essence and Yahoo, Bien said.

“This is not, by any means, the end for Looker, but simply the closing of our first chapter with many more to come,” Bien said, pledging to continue creating value for thousands of additional customers across the globe. (IANS)

Next Story

‘My Greatest Mistake’: Bill Gates Regrets Microsoft Losing on Android

Gates stepped down as the CEO in 2000 and as Chief Software Architect in 2008. Satya Nadella took over as the company's CEO in 2014

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Businessman Bill Gates exits through the lobby at Trump Tower in Manhattan, New York City, Dec. 13, 2016. (VOA)

Microsoft co-founder and philanthropist Bill Gates has said that his “greatest mistake ever” was the company losing on the Android opportunity, which has costed Microsoft nearly $400 billion and made Google the real winner.

In an interview during an event hosted by venture capital firm Village Global, Gates revealed that the mistake was to allow Google to develop Android and not creating a profitable model themselves, reports TechCrunch.

“In the software world, particularly for platforms, these are winner-take-all markets. So the greatest mistake ever is whatever mismanagement I engaged in that caused Microsoft not to be what Android is. That is, Android is the standard non-Apple phone platform. That was a natural thing for Microsoft to win,” Gates told Eventbrite cofounder and CEO Julia Hartz.

“If you’re there with half as many apps or 90 per cent as many apps, you’re on your way to complete doom. There’s room for exactly one non-Apple operating system and what’s that worth? $400 billion that would be transferred from company G (Google) to company M (Microsoft),” he emphasised.

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FILE – A sign for Microsoft is seen on a building in Cambridge, Massachusetts, March 18, 2017. VOA

Google acquired Android for just $50 million in 2005. The original iPhone came out in 2007 and the first Android device was released in 2008.

Android today has 85 per cent of the smartphone OS market and Microsoft Windows OS-based devices are nowhere to be seen.

Also Read: Spotify Paying Tax on Less Than 1% of Paid Subscribers: Apple

Microsoft has asked its users to switch to an Android or iOS device as it announced the end of support for Windows 10 Mobile.

The company told users that Windows 10 Mobile will stop receiving new security updates after December 10.

Gates stepped down as the CEO in 2000 and as Chief Software Architect in 2008. Satya Nadella took over as the company’s CEO in 2014. (IANS)