News Formal

HubSpot shares plunge 12% on report that Alphabet is shelving interest in acquiring software company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Mergers And Acquisitions Nachrichten

Irobot Corp,Amazon.Com Inc,Enterprise

Alphabet has reportedly shelved its interest in acquiring HubSpot months after the companies were in talks.

According to Bloomberg, Alphabet was in talks with HubSpot earlier this year, "but the sides didn't reach a point of detailed discussions about due diligence," the report said, citing people with knowledge of the matter.

HubSpot develops software that companies, mostly small and medium-sized businesses, use to automate marketing and reach prospective customers. Buying HubSpot would have helped Google grow revenue from business software, alongside cloud infrastructure, as well as other non-cloud businesses under the Alphabet umbrella.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

HubSpot shares plunge on report that Alphabet is shelving interest in acquiring software companyAlphabet has reportedly shelved its interest in acquiring HubSpot months after the companies were reportedly in talks.
Herkunft: nbcsandiego - 🏆 524. / 51 Weiterlesen »

HubSpot shares plunge 11% on report that Alphabet is shelving interest in acquiring software companyAlphabet has reportedly shelved its interest in acquiring HubSpot months after the companies were reportedly in talks.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »