February 16, 2020

Google’s $2.6B Purchase of Looker

Once Google revealed the purchase of Looker for $2.6 billion from data analytics, it was a huge deal on a number of levels. It was a great deal of money and was the first big deal under Thomas Kurian’s leadership. The company today officially announced that it has completed the deal and that Looker is part of Google Cloud.

Although Kurian was pleased to reveal that Looker formally belongs to the Google family, in a blog post he made clear that analytics would still support multiple cloud vendors through Google.

“The vision of Google Cloud and Looker is expressed by offering transparent applications and helping clients wherever they are–whether in Google Cloud, other digital clouds or in the workplace. In fact, Looker clients and vendors are expected to continue the adoption of all cloud-based data management platforms such as Amazon Redshift, Azure SQL, Snowflakes and Oracle, Microsoft SQL Servers and Teradata as more companies introduce a multi-cloud solution, “said Kurian.

Google's $2.6B purchase of Looker

As in a transaction like this, Looker CEO Frank Bien saw that Google’s finances are much bigger to offer his business even faster than they could have on themselves. “Joining Google Cloud allows us to meet further, improves our capabilities and puts together some of the best minds, in both analytics and cloud infrastructure. The task we started as Looker seven years ago represents an important step forward today, “Bien wrote in his article.

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The organization posted a presentation at the time of the June transaction, which demonstrated how Looker blends with their “Smart Analytics System,” which offers forms of storing, interpreting, evaluating and visualizing results. When helping other clouds, Looker sits in a spot in the visualization array.

Looker has been established in 2011 and raised over $280 million, according to Crunchbase. The donors included Redpoint, Meritech Capital Partners, First Round Capital, Kleiner Perkins, CapitalG and PremjiInvest. In December 2018, the final deal before the acquisition was a bid of nearly $1.6 billion for the $103 million Series E.

Consumer advocates have blamed Google for authorizing large purchases in fields not connected to its core sectors, like its YouTube, Double-click and Waze procurements. The takeover of Looker would be the first Google investment since the firm Nest Inc. acquired smart home software for $3.2 billion in 2014.

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About `Author`

Vinay Kumar is the brilliant mind behind the technology at Fluper, serving as the Chief Technology Officer. With a wealth of experience in software development and a passion for leveraging the latest technologies, Vinay drives the technical vision of Fluper's projects. His expertise in creating scalable and robust solutions ensures Fluper delivers best-in-class products exceeding client expectations.