M&A Deal Summary

Google Acquires Alter

On October 27, 2022, Google acquired information technology company Alter for 100M USD

Acquisition Highlights
  • This is Google’s 11th transaction in the Information Technology sector.
  • This is Google’s 29th largest (disclosed) transaction.
  • This is Google’s 175th transaction in the United States.
  • This is Google’s 15th transaction in New York.

M&A Deal Summary

Date 2022-10-27
Target Alter
Sector Information Technology
Buyer(s) Google
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Alter

New York City, New York, United States
Alter is an open-source, cross-platform SDK consisting of a real-time 3D avatar system and motion capture built from scratch for web3 interoperability and the open metaverse. With Alter, developers can easily pipe avatars into their app, game or website. Alter was formed in 2017 and is based in New York City.

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Buyer(S) 1

Buyer

Google

Mountain View, California, United States

Category Company
Founded 1998
Sector Internet Software and Services
Employees190,234
Revenue 350.0B USD (2024)
DESCRIPTION
View of Google's corporate campus in Mountain View, California.
View of Google's corporate campus in Mountain View, California.

Google is a global provider of search and advertising services. In addition to its search engine, Google offers online tools and platforms including: Gmail, Google Apps, Google Maps, and YouTube. Google was incorporated in 1998 and is based in Mountain View, California.


DEAL STATS #
Overall 223 of 226
Sector: Information Technology M&A 11 of 11
Type: Add-on Acquisition M&A Deals 215 of 217
State: New York M&A 15 of 16
Country: United States M&A 175 of 178
Year: 2022 M&A 4 of 4
Size (of disclosed) 29 of 57
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 Raxium

Fremont, California, United States

Raxium develops micro-LED technology for use in mobile applications and devices. The Company is based in Fremont, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-18 AST SpaceMobile

Midland, Texas, United States

AST SpaceMobile is a builder of a global broadband cellular network in space to operate directly with standard, unmodified mobile devices based on its extensive IP and patent portfolio. AST SpaceMobile was founded in 2017 and is based in Midland, Texas.

Buy -