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

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft is showing a cautious approach to hiring, cloud - Business Insider$1.3 trillion Microsoft is emerging as a big winner amid the pandemic, but it's showing two big signs of caution as the economy heads toward an uncertain future
Source: BusinessInsider - 🏆 729. / 51 Read more »

Germany backs Apple and Google approach to contact tracing for fighting coronavirus - Business InsiderGermany, along with a growing number of other European countries, is, backing an approach to fighting coronavirus supported by Apple and Google.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus contact tracing: Government apps vs. Apple, Google - Business InsiderGovernments have to decide whether to scrap their own COVID-19 contact tracing apps in favor of tech built by Apple and Google. Here's what's at stake. 21% of American adults approve of Apple and Google’s fight against COVID-19: aaronpholmes (Happy to provide data on any topic you're writing about if interested!)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google is extending its identity verification program - Business InsiderGoogle's extended verification policy will likely have a positive impact on the digital advertising industry, as it should deter malicious actors
Source: BusinessInsider - 🏆 729. / 51 Read more »

Live: Here come Google and Alphabet's Q1 earnings - Business InsiderAlphabet is set to announce its Q1 2020 earnings, and all eyes are on how much damage the pandemic is doing to its ad business.
Source: BusinessInsider - 🏆 729. / 51 Read more »