DEAL_OVERVIEW
Deal Terms
Date
2020-02-13
Amount
$2.6B
Est. Multiple
26.0x
Key Talent
200 engineers
Integration Time
24 months
Categories
Business IntelligenceAnalytics
Deal Multiples
EV / ARR
Based on estimated $100M ARR at acquisition close.
26.0x
EV / Revenue
Based on estimated $140M total revenue.
18.6x
Strategic Rationale
Fill the BI/analytics gap in Google Cloud platform and compete with Microsofts Power BI and Salesforces Tableau.
POST_ACQUISITION_TIMELINE4 EVENTS
2020-06-01reorg
Looker team integrated into Google Cloud Analytics
Looker becomes part of Google Cloud Business Intelligence division.
2021-10-01rebrand
Looker Studio replaces Google Data Studio
Google rebrands Data Studio as Looker Studio, consolidating BI under the Looker brand.
2022-06-01pricing change
Looker bundled into BigQuery pricing
Google offers Looker as part of BigQuery Enterprise tier, changing the standalone pricing model.
2023-03-01feature integration
Looker Modeler integrated with BigQuery
Lookers semantic modeling layer (LookML) directly accessible from BigQuery console.
KEY_PEOPLE
No tracked role transitions