Alphabet to purchase Intersect for $4.75 billion in cash plus debt to expand data center capacity
Alphabet, the company that owns Google, said Monday it will buy Intersect for $4.75 billion in cash and take on the company's debt. Intersect builds and runs data centers and energy infrastructure. The deal will help Alphabet add more data center space and power capacity more quickly, the company said. Intersect will keep operating on [...]
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