Alphabet Buys Intersect for $4.75B to Boost Data Centers
Update: 2025-12-22
Description
Alphabets parent company, Google, has acquired Intersect, a data center and energy infrastructure firm, for $4.75 billion. This deal aims to accelerate Googles data center expansion and power generation, with Intersects operations remaining independent. The acquisition is expected to close in the first half of 2026, pending approvals, and will help Google stay competitive in the AI boom driving demand for computing power.
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