Google’s Parent Company Alphabet to Acquire Intersect for $4.7 Billion

The deal is subject to customary closing conditions and is anticipated to close in the first half of 2026.

December 23, 2025

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Alphabet, the parent company of Google, entered into a definitive agreement to acquire Intersect, a data center and energy infrastructure solutions provider, for $4.75 billion in cash, plus the assumption of debt.

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