Alphabet (GOOGL) Eyes HubSpot (HUBS): Potential Deal Brewing?
Alphabet(GOOGL) Zacks Investment Research·2024-04-05 13:16According to market speculations, Alphabet Inc. (GOOGL) is reportedly considering a bold move into the realm of online marketing software by exploring the acquisition of HubSpot Inc. (HUBS) , a company valued at $35 billion. The potential deal comes at a time of heightened regulatory scrutiny in the tech sector under the Biden administration.With a substantial cash reserve of $110.9 billion as of December 2023, Alphabet is probably considering HubSpot as an opportunity to strategically deploy its resources ...