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Alphabet Acquires Data Center and Energy Infra Company for US$4.75B
23 Dec 2025 00:21
Google's parent company Alphabet (GOOG.US) announced on Monday that it will acquire the data center and energy infrastructure company Intersect for US$4.75 billion in cash and assume its debt.

Alphabet stated that Intersect will continue to operate independently, but this acquisition will help accelerate the deployment of more data centers and power generation capacity.

The transaction is anticipated to be completed in the first half of 2026, subject to certain conditions being met.
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