Alphabet to acquire data center and energy infrastructure company Intersect

Core Insights - Alphabet, the parent company of Google, announced the acquisition of Intersect, a data center and energy infrastructure company, for $4.75 billion in cash, along with the assumption of debt [1] Group 1 - The acquisition is part of Alphabet's strategy to enhance its data center capabilities and energy infrastructure [1] - The deal reflects Alphabet's ongoing investment in expanding its operational efficiency and sustainability initiatives [1]