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Introductionthat Google's parent company, Alphabet (NASDAQ:), was contemplating an all-cash deal to acquire cust ...
that Google's parent company,mt4 foreign exchange trader Alphabet (NASDAQ:), was contemplating an all-cash deal to acquire customer management platform giant HubSpot (NYSE:), currently valued at around $35 billion.
on the back of dwindling ad revenue, Alphabet CEO Sundar Pichai disclosed the company's intention to diversify its revenues further via takeovers.
) and Amazon (NASDAQ:).
)—ANSYS (NASDAQ:) $35 billion deal and Hewlett Packard Enterprise's (NYSE:) buyout of Juniper Networks (NYSE:) for $14 billion.
One reason is the highly restrictive stance in the US and the EU on big tech merger activity. In addition to the possible issues with Google—HubSpot, several other proposed mergers have crumbled due to perceived regulatory backlash.
) attempted $40 billion acquisition of Cambridge, UK-based Holdings (NASDAQ:), which fell short following objections from regulators on both sides of the Atlantic.
) due to the EU's anticipated scrutiny. Similarly, late last year, Adobe Systems (NASDAQ:) was forced to abandon its planned $20 billion acquisition of Figma for similar reasons.
Likewise, back in October last year, Biden introduced an extensive executive directive aimed at overseeing the advancement of artificial intelligence (AI). This move came in response to escalating apprehensions regarding its potential ramifications spanning from national security to public health.
Moreover, with increasing pressure from Democratic lawmakers such as Elizabeth Warren and Bernie Sanders for the current administration to adopt stricter tech laws in accordance with the ones currently in force in the EU, the administration's next move appears tilted toward imposing further restrictions on tech dealmaking activity.
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