Google parent Alphabet shelves interest for HubSpot, Bloomberg News reports

07/10/2024

Less than a minute

2024.07.10 16:05

(Reuters) -Google-parent Alphabet (NASDAQ:) has abandoned its plans to buy online marketing software company HubSpot (NYSE:), Bloomberg News reported on Wednesday, citing people familiar with the matter.

HubSpot shares fell nearly 12% in afternoon trading while Alphabet shares were up 1.2%.

In April, Reuters had reported, citing sources, that Alphabet was in talks with advisers about making an offer for HubSpot.

© Reuters. FILE PHOTO: Figurines with computers and smartphones are seen in front of Alphabet logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Alphabet had communicated its interest in a potential deal with HubSpot earlier this year, but the sides didn’t reach a point of detailed discussions around due diligence, the Bloomberg report said.

Google and HubSpot did not immediately to Reuters requests for comments.

07/10/2024

Less than a minute

Bitcoin (BTC) $ 98,469.38 2.41%

Ethereum (ETH) $ 2,743.22 0.84%

XRP (XRP) $ 2.71 1.64%

Tether (USDT) $ 1.00 0.05%

BNB (BNB) $ 656.24 0.56%

Solana (SOL) $ 174.58 2.50%

USDC (USDC) $ 1.00 0.00%

Dogecoin (DOGE) $ 0.253746 0.51%

Cardano (ADA) $ 0.808076 6.14%

Lido Staked Ether (STETH) $ 2,740.92 1.15%

TRON (TRX) $ 0.245485 0.71%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 98,171.30 2.57%

Chainlink (LINK) $ 18.27 1.98%

Wrapped stETH (WSTETH) $ 3,272.84 1.27%

Stellar (XLM) $ 0.346683 3.81%

Sui (SUI) $ 3.44 8.05%

Avalanche (AVAX) $ 25.15 6.02%

Litecoin (LTC) $ 128.72 4.78%

hedera-hashgraph

Hedera (HBAR) $ 0.220313 2.29%

Shiba Inu (SHIB) $ 0.000016 1.15%

the-open-network

Toncoin (TON) $ 3.61 1.76%

LEO Token (LEO) $ 9.74 0.68%

USDS (USDS) $ 1.00 0.19%

Hyperliquid (HYPE) $ 24.58 3.36%

WETH (WETH) $ 2,741.10 0.91%

Polkadot (DOT) $ 5.03 3.35%

MANTRA (OM) $ 7.50 0.99%

Bitcoin Cash (BCH) $ 324.21 0.79%

Ethena USDe (USDE) $ 1.00 0.03%

Uniswap (UNI) $ 9.35 2.44%

Wrapped eETH (WEETH) $ 2,906.21 0.85%

Bitget Token (BGB) $ 4.53 6.67%

Monero (XMR) $ 230.25 3.80%

NEAR Protocol (NEAR) $ 3.40 8.16%

Pepe (PEPE) $ 0.00001 2.43%

WhiteBIT Coin (WBT) $ 27.45 0.92%

Aave (AAVE) $ 260.59 3.13%

Ondo (ONDO) $ 1.24 2.26%

Bittensor (TAO) $ 455.15 9.48%

Aptos (APT) $ 6.33 1.92%

Dai (DAI) $ 1.00 0.03%

Mantle (MNT) $ 1.03 0.02%

internet-computer

Internet Computer (ICP) $ 7.10 3.19%

Official Trump (TRUMP) $ 16.84 0.28%

Ethereum Classic (ETC) $ 20.87 0.91%

sUSDS (SUSDS) $ 1.04 0.24%

OKB (OKB) $ 49.58 0.07%

tokenize-xchange

Tokenize Xchange (TKX) $ 37.00 5.04%

gatechain-token

Gate (GT) $ 22.86 1.20%

Sonic (prev. FTM) (S) $ 0.866753 19.17%