HubSpot stock price soars after acquisition rumours with Google

Photo: ReadWrite

HubSpot's stock price surged 8% on Tuesday, May 28, fueled by CNBC's David Faber reporting that Google's parent company, Alphabet, is considering an all-stock acquisition offer. Faber confirmed ongoing discussions between the two tech giants, stating, "My understanding is absolutely true, all-stock deal for Alphabet to acquire HubSpot."

Talks of a potential Google-HubSpot deal have been circulating for months. HubSpot, an AI-powered customer relationship platform for small and medium businesses, aims to streamline operations across various departments like marketing, sales, content, service, and commerce.

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