Is Alphabet on the Hunt for a Big Acquisition?
(NASDAQ: GOOG) (NASDAQ: GOOGL) is a behemoth in the tech sector. The company generates tens of billions of dollars in free cash flow every year. It has some incredibly strong assets in YouTube and Google Search, and it's always looking for ways to get bigger and more diverse. And recently, the company has reportedly been in talks to buy some fairly large companies.
Could Alphabet secure a big acquisition this year, and would that be a good move for the business and its investors?
Earlier this year, there were rumors that Alphabet was looking to acquire HubSpot (NYSE: HUBS), a company that makes marketing software. At the time, HubSpot was worth more than $30 billion, and if it were to go through, it would have been Alphabet's largest-ever deal. Ultimately, however, that fell through.
Source Fool.com
Alphabet Inc. C Stock
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