Google is set to acquire solar and storage developer Intersect Power, arming itself with the tools to bypass grid bottlenecks ...
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, marking one of the largest deals by the tech giant to dramatically expand its ...
One month before Google paid $4.8 billion for Intersect Power, the tech giant had a message for federal energy regulators: ...
The news comes a month after the search giant unveiled plans to invest $40 billion in Texas, including three new data centers ...
Then on Dec. 22, Alphabet announced a definitive agreement to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion. As Alphabet continues to push the ...
The Register on MSN
Google snaps up datacenter power biz Intersect while xAI plans more capacity
The AI era needs more juice The AI-fueled datacenter boom continues apace, with Google parent Alphabet moving to acquire ...
Stocktwits on MSN
Alphabet stock climbs after $4.75B Intersect buy signals power push for data centers
The deal expands an existing partnership, with joint power and data center projects already under development. ・Intersect will operate independently under CEO Sheldon Kimber while working closely with ...
Alphabet is buying energy and data center developer Intersect for $4.75B to speed power delivery for Google’s fast-growing AI ...
This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) has agreed to acquire clean energy developer Intersect Power LLC for $4.75 billion in cash plus existing debt, a deal that could ...
Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash, plus the assumption of the company’s debt. The acquisition, which was ...
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