Google has completed its $2.6bn acquisition of Looker Data Sciences after receiving approval from the UK’s competition authorities. The Competition and Markets Authority’s review, which follows similar probes by the US Department of Justice and the Austrian Federal Competition Authority, found that the deal would not increase prices or harm rivals’ access to data. Looker, which makes business intelligence analytics software, is Google’s biggest acquisition for many years, alongside its planned $2.1bn purchase of Fitbit. Read More...
Google has completed its $2.6bn acquisition of Looker Data Sciences after receiving approval from the UK’s competition authorities. The Competition and Markets Authority’s review, which follows similar probes by the US Department of Justice and the Austrian Federal Competition Authority, found that the deal would not increase prices or harm rivals’ access to data. Looker, which makes business intelligence analytics software, is Google’s biggest acquisition for many years, alongside its planned $2.1bn purchase of Fitbit.
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