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Alphabet expands data center footprint with $4.75 billion acquisition


Alphabet expands data center footprint with $4.75 billion acquisition

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Alphabet acquires Intersect for $4.75 billion to enhance its data center capacity and energy infrastructure. This move aims to accelerate the expansion of Alphabet's data resources.

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Alphabet, the company that owns Google, said Monday it will buy Intersect for $4.75 billion in cash and take on the company’s debt. Intersect builds and runs data centers and energy infrastructure. The deal will help Alphabet add more data center space and power capacity more quickly, the company said. Intersect will keep operating on […]
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