According to the reports, on June 6, American multinational technology giant player Google LLC settled on a decision to buy Looker, a big-data analytics company for worth revenue $USD 2.6 billion in cash to tap better into data industry and cloud computing business. This acquisition is considered as a major activity for new Google Cloud Chief Executive Thomas Kurian.

Having said that, Looker will join Google Cloud after the acquisition is proceed to close, which can provide huge customership with more refined analytics solutions and allow organizations to boost the power of analytics, Artificial Intelligence (AI) and Machine Learning (ML).

California-based organization Looker manages to help company’s analytics and visualize the data they bank in the cloud. It competes with tools such as Microsoft Corp’s Power BI and Tableau. However, the deal is Google has acquired smart-home automation company Nest Labs for $3.2 billion in 2014.

"This is a true built-for-cloud visualization tool, and it signals Google Cloud is serious about making acquisitions," said Ray Wang, a cloud industry analyst at Constellation Research.

Looker has been a close partner of Google Cloud for more than four years and through such a partnership, the two companies have shared more than 350 joint customers, such as Hearst, WPP Essence, Buzzfeed, King and Yahoo, Looker CEO Frank Bien said.

This is not, by any means, the end for Looker, but simply the closing of our first chapter with many more to come,” Bien said, pledging to continue creating value for thousands of additional customers across the globe.

Looker’s hold the leading market investors such as Meritech Capital Partners, Redpoint Ventures, Kleiner Perkins Caufield & Byers, and Goldman Sachs Group. Sources taken from Pitchbook, the company was valued at $USD 1.6 billion after a venture capital investment late in 2018.