Alphabet to Acquire Intersect for $4.75 Billion

Reuters00:00

Alphabet has reached a definitive agreement to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion in cash plus the assumption of debt. Google, which already holds a minority stake in Intersect, aims to use the acquisition to bring additional data center and power generation capacity online more quickly, while advancing energy innovation. The deal is expected to accelerate the commercialization of advanced energy technologies and support Alphabet's efforts to expand reliable, affordable energy supply for its growing data center infrastructure. Intersect’s operating assets in Texas and certain assets in California will remain independent and are not included in the transaction. The acquisition is anticipated to close in the first half of 2026, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alphabet Inc. published the original content used to generate this news brief on December 22, 2025, and is solely responsible for the information contained therein.

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Google, which already holds a minority stake in Intersect, aims to use the acquisition to bring additional data center and power generation capacity online more quickly, while advancing energy innovation. The deal is expected to accelerate the commercialization of advanced energy technologies and support Alphabet's efforts to expand reliable, affordable energy supply for its growing data center infrastructure. Intersect’s operating assets in Texas and certain assets in California will remain independent and are not included in the transaction. The acquisition is anticipated to close in the first half of 2026, pending customary closing conditions.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alphabet Inc. published the original content used to generate this news brief on December 22, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2593439507","isCrawlerRequest":true}