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

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.

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

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.
स्रोत: nbcsandiego - 🏆 524. / 51 और पढो »

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.
स्रोत: CNBC - 🏆 12. / 72 और पढो »