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By now, we’ve all heard of the news of Google’s acquisition of the mobile analytics company Hummingbird, the acquisition of rival software company Hibernate for $300 million, and the acquisition by Google of mobile data analytics company Wunderlist for $100 million.
As part of the deal, Google will pay $1 billion for Hiberntech and WunderList, and then a third of the combined company will be renamed Hibernation.
Google said in a blog post that the combined business will be focused on “mobile analytics,” “intelligence, predictive analytics, and search and analytics.”
But the company is also planning to focus on other areas, such as cloud computing and artificial intelligence.
The new company will reportedly be led by former Google execs, including former VP of Android engineering, Hiroshi Lockheimer.
Hibernation will reportedly use Google’s machine learning and machine learning infrastructure, as well as its existing tools and infrastructure.
It’s unclear how much the company will need to buy Hiberner, but it is a smart move by Google, according to Wunderlich.
“Google is making a significant investment in Hiberns cloud computing infrastructure and its data analytics capabilities, and its acquisition of Hummingbirds software enables it to leverage its deep expertise and existing resources to help the cloud-based Hibernian business grow,” Wunderich said.
Hummingbird is known for its AI and machine-learning algorithms, and Wasserlich added that it will be “the most valuable part of Google in the next decade.”
Google is also expected to invest in Wunderless, a service that helps customers create custom dashboards to help customers better understand their business and improve their customer service.
This is a huge deal for Google, as it is in the top five of the world’s most valuable companies according to the Bespoke Investment Research, which ranks companies based on revenue, market cap, market share, earnings per share, and other metrics.
Wunderlich added, “We believe the combination of Hibernedness and Humminghead will help drive Google’s AI and analytics growth, which will enable the company to deliver on its vision of transforming how consumers and businesses interact online and in the real world.”
The news comes just days after Microsoft, Facebook, and Twitter announced their $3 billion investment in cloud computing company Azure, which could mean that Google will be the biggest player in the cloud computing space, too.
Amazon and Microsoft have also recently announced a partnership to acquire startup Nextcloud.