Google to acquire Apigee, a cloud software company, for $625 million
8 years, 6 months ago

Google to acquire Apigee, a cloud software company, for $625 million

Firstpost  

Alphabet Inc’s Google said on Thursday it is acquiring cloud software company Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud business. The service is critical for businesses transitioning to the cloud, Diane Greene, who runs Google’s cloud computing division, said in an interview. During her tenure, Google has streamlined engineering efforts and appointed new leadership for its cloud efforts, improving traction with clients, Google Chief Executive Officer Sundar Pichai said during the company’s latest earnings call. “There’s some overlap and some areas where we are going to be able to help each other once [the deal> closes.” The Apigee deal comes a day after Google and online storage company Box Inc said they would partner to enable Box’s corporate customers to integrate Google’s suite of word processing, spreadsheets and other productivity tools, known as Google Docs.

History of this topic

Google set to acquire cybersecurity firm Wiz for $32 billion
Top News
3 days, 12 hours ago
Google Parent Entity, Alphabet, Agrees To Acquire Cybersecurity Start-Up Wiz For $32 Billion: Report
3 days, 13 hours ago
Google lobbying FTC to break up Microsoft & OpenAI's cloud deal
3 months, 1 week ago
Alphabet beats sales estimates on Google Cloud growth, revenue jumps to $74.6 billion and shares rise 5%
4 months, 3 weeks ago
Google’s corporate parent still prospering amid shift injecting more AI technology in search
7 months, 3 weeks ago
Google eyes acquisition of cybersecurity firm Wiz to strengthen cloud security
8 months ago
Google set to make largest acquisition in its history
8 months ago
Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’
11 months, 1 week ago
Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan
11 months, 1 week ago
Google Being Penny Wise, Pound Foolish: Spent over $2bn laying people off in 2023, $700mn in 2024
1 year, 1 month ago
Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%
1 year, 1 month ago
Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT
1 year, 4 months ago
Google-parent Alphabet's cloud division misses revenue estimates, as Microsoft’s cloud booms
1 year, 4 months ago
Alphabet Q3 result: Google Cloud miss overshadows earnings, shares fall over 5%
1 year, 4 months ago
Amazon has drawn thousands to try its AI service competing with Microsoft, Google
1 year, 7 months ago
Amazon touts its low-cost cloud computing in generative AI race
1 year, 8 months ago
Once a reliable cash cow, Amazon’s cloud business slows as companies pull back on service
1 year, 9 months ago
Google Is All About Cost Control Now
1 year, 10 months ago
Google moves AI chip engineering team to Google Cloud
1 year, 10 months ago
Google says Microsoft’s cloud practices are anti-competitive
1 year, 11 months ago
Google says Microsoft cloud practices are anti-competitive
1 year, 11 months ago
Google invests almost $400 million in ChatGPT rival Anthropic
2 years, 1 month ago
Google buys cybersecurity firm Mandiant for $5.4 bn
3 years ago
Amazon trots out YouTube-sized advertising business
3 years, 1 month ago
Google buys Israeli security startup Siemplify for $500 million
3 years, 2 months ago
Google growth marred by disappointing result in YouTube, cloud computing sectors
3 years, 4 months ago
Louis Vuitton takes the AI route
3 years, 9 months ago
Alphabet shares leap as Google beats estimates, but Cloud lags
4 years, 1 month ago
HCL Tech Share Price More Than Doubles Since March After Tie-up with Google Cloud
4 years, 6 months ago
How Amazon's AWS arm allegedly makes profits off open-source software; leaving cloud computing startups languishing
5 years, 3 months ago
Microsoft, AT&T sign cloud deal worth more than $2 billion
5 years, 8 months ago
Why Google Cloud hasn't picked up yet in India
5 years, 8 months ago
Google is making a $2.6 billion bet on the cloud
5 years, 9 months ago
Google Cloud has nowhere near the vast customer base of Amazon, Microsoft: Reuters
6 years, 1 month ago
Google to buy data migration firm Alooma to rival Amazon, Microsoft cloud services
6 years, 1 month ago
Google will invest $13 billion on data centers and offices in the US this year
6 years, 1 month ago
With a jump in advertising sales, Alphabet logs $39.3 bn in revenue on Google ad business
6 years, 1 month ago
Google pays $1 billion to buy property near its headquarters
6 years, 3 months ago
Oracle veteran Thomas Kurian to head Google Cloud
6 years, 4 months ago
Microsoft earnings beat expectations as cloud-fueled growth persists
6 years, 4 months ago
Microsoft expands Azure cloud service to rival Amazon for $10 bn Pentagon deal
6 years, 5 months ago
How to cash in on the next big digital revolution -cloud computing
6 years, 7 months ago
Google’s new spending binge shows a company playing catch-up
6 years, 10 months ago
Amazon, Oracle, Microsoft jockey for Pentagon’s cloud business
7 years ago
Google hiring more people outside Silicon Valley in US
7 years, 1 month ago
Cloud computing drives growth for major US tech firms; Microsoft's Azure business nearly doubles
7 years, 4 months ago
Sundar Pichai Sees Google's Future in the Smartest Cloud
7 years, 10 months ago
SAP to offer its business apps on Google Cloud
8 years ago
Google's parent company Alphabet share price drops after profit targets are missed
8 years, 1 month ago
Google parent Alphabet profit surges on mobile, video ads
8 years, 4 months ago

Discover Related