Understand Google's major acquisitions and revenue growth over the years in one chart!
Alphabet, Google’s parent company, is planning its largest acquisition ever, aiming to acquire cybersecurity startup Wiz for $23 billion.
Target: Wiz
Wiz is one of the fastest-growing software startups globally, securing deals with 40% of Fortune 100 firms.🚀 🔹 Deal Status Both companies have yet to officially confirm, but talks are in advanced stages.
Background:
This move follows Alphabet’s recent decision to step back from acquiring HubSpot, which has a market cap of $24 billion.
Historical Acquisitions Since 2004, Alphabet has made several notable acquisitions, propelling it to tech giant status. Key acquisitions include: Android ($50M), YouTube ($1.65B), DoubleClick, DeepMind ($625M), and Motorola ($12.5B).
With Wiz onboard, Google's position in the cybersecurity sector will be stronger than ever.🌟 🔹 Annual Revenue Performance Check out the chart: from $3B in 2004 to $318B in 2023, each acquisition has steadily boosted Google’s annual revenue.
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54088 FROM MBS : wow
Graddox : this is a very one-sided, overly simplistic view of acquisitions.
E.g. Motorola was later divested to Lenovo.
Nest is all but abandoned internally
if you're looking to simplify their revenue, IMO it's best viewed as Ad vs non-ad revenue...
https://en.macromicro.me/charts/32594/google-service-revenue