Worsening economic conditions could mean Google Cloud has more acquisition opportunities - Business Insider

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This story was delivered to Business Insider Intelligence Connectivity & Tech Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. When asked whether the pandemic could accelerate M&A opportunities in the cloud industry, Google Cloud CEO Thomas Kurian replied, "when and where it makes sense, we will jump in and decide, at the right time, to make acquisitions," A potential acquisition would likely be aimed at adding functionality to the cloud platform, as Kurian added, "if we were to do acquisitions, [customers and partners will] know how it complements our footprint.

While this discrepancy is to be expected to some extent, given the difficulties of scaling faced by larger companies, it's also a credit to Google Cloud's aggressive acquisitions strategy: In 2019, the company made several acquisitions for undisclosed amounts, including

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