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Marketing Software

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"Alphabet Considers Bid for HubSpot, Boosting Shares by 7%"
business1 year ago

"Alphabet Considers Bid for HubSpot, Boosting Shares by 7%"

Alphabet is reportedly considering making an offer to acquire marketing software company HubSpot, causing a 7% surge in its shares. The potential deal comes amid increased antitrust scrutiny of big tech companies, with the Department of Justice filing suits against Google. HubSpot, with a market cap of around $32 billion, provides businesses with marketing, sales, and customer service software. While Alphabet has yet to submit an offer and it's uncertain if it will, discussions on the potential acquisition are ongoing.