Google has completed its $2.6 billion acquisition of Looker after winning clearance from Britain’s competition watchdog.
Google announced the cash deal in June. Looker’s tool enables analysts and other workers to define calculations for items such as revenue or high-value customers and then visualize trends in their data without writing complicated scripts. It competes with Tableau Software Inc DATA.N, Domo Inc and Microsoft’s Power BI.
"By joining together, we believe we will be uniquely positioned to address the data analytics and business intelligence demands of even more enterprises globally, across all industries. Looker will strengthen Google Cloud’s analytics and data warehouse capabilities, including BigQuery, enabling our customers to address some of their toughest business challenges, faster—all while maintaining complete control of their data," said Thomas Kurian CEO, Google Cloud.
He added that Looker customers and partners can expect continued support of all cloud data management systems like Amazon Redshift, Azure SQL, Snowflake, Oracle, Microsoft SQL Server and Teradata.
UK's Competition and Markets Authority said its probe found the deal would not adversely impact quality of service or competition in the market for data analytics tools and software.
The CMA added that the deal was unlikely to lead to increased prices or lower quality as the two are not considered close competitors by businesses who use business intelligence tools as they can choose from other providers including Microsoft, Oracle, Tableau, SAP and IBM.