Boston VCs are pleased that HubSpot will remain an independent company
For months, rumors persisted that Google, and perhaps others, were interested in buying HubSpot, a Boston-based CRM and marketing software company. HubSpot's market cap ballooned as the rumors persisted, eventually reaching over $30 billion.
HubSpot (HUBS) Shares Fall as Alphabet Drops Buyout Plans
Although company spokespersons have refused to comment on the market speculation, sources familiar with the proceedings have confirmed that Alphabet has shelved buyout plans for HubSpot (HUBS).
Why HubSpot Stock Plummeted by 12% Today
A media report said that Alphabet is abandoning efforts to acquire the customer relationship specialist. The takeover effort apparently fell apart in a fairly early stage of discussions.
HubSpot Stock Dives on Reports Alphabet Abandoning Acquisition Effort
HubSpot (HUBS) shares tumbled after reports that Google parent Alphabet (GOOGL) is no longer pursuing an acquisition of the customer relationship management (CRM) company.
HubSpot Stock Plunges as Google Abandons the Software Company
HubSpot (NYSE: HUBS ) stock closed down more than 12% today on reports that Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) will not go through with a plan to buy the software company. Despite talks of an acquisition earlier in the year, “the sides didn't reach a point of detailed discussions about due diligence,” according to anonymous sources familiar with the matter.
HubSpot shares plunge after Google parent reportedly shelves takeover bid
Google parent Alphabet Inc (NASDAQ:GOOG) has abandoned its attempt to acquire HubSpot Inc, a move that would have marked one of the largest tech takeovers of the year, Bloomberg reported. HubSpot's shares dropped by as much as 19% on Wednesday, bringing the company's market value to around $25 billion.
HubSpot Shares Tumble As Alphabet Walks Away From Acquisition Talks
Shares in HubSpot tumbled as Alphabet ended acquisition talks. Google stock hit a new all-time high in intraday trading.
Google is no longer interested in buying HubSpot
HubSpot Inc (NYSE: HUBS) lost more than 15% on Wednesday following a report that Alphabet Inc (NASDAQ: GOOGL) is no longer interested in buying the software firm. A potential takeover would have been one of the largest in 2024.
HubSpot shares plunge on report that Alphabet is shelving interest in acquiring software company
Alphabet has reportedly shelved its interest in acquiring HubSpot months after the companies were reportedly in talks.
HubSpot investigating customer account hacks, TechCrunch reports
Software firm HubSpot is investigating a cybersecurity incident, TechCrunch reported on Friday citing a company spokesperson.
Hubspot says it's investigating customer account hacks
Marketing and sales software giant HubSpot said on Friday that it's investigating a cybersecurity incident.
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