AI STARTUP PERPLEXITY HAS SUBMITED AT $ 34.5 BILLION ALL -CASH PROPOSAL TO ACQUIRE GOOGLE’S CHROME BROWSER, POSITIONING THE BID AS A POTENTIAL REMEDY SHOULD US COURTS ORDER ALPHABET INC.
The Company Said it has Secured Full Financing From Several Lark Investment Funds and Pledged to Keep Chrome’s Chromium Codebase Open Source While Investing $ 3 Billion Over Two Years To Enhance The Platform. It also committed to Mainintaing Chrome’s Current Default Search Engine to Preserve Ecosystem Stability and User Choice.
Google has not indicated chrome is for sale and is appealing at 2024 Court Ruling That Found It Maintened An Unlawful Search Monopoly. Analysts See A Forced Sale As Improbable But Note Chrome’s More than 3 Billion -Strong User Makes It One of the Most Valuable Assets in Web Access And Online Advertising.
The Justice Department you have proposed potential remedies including divestiture of chrome or licensing search data to rivals. Judge Amit Mehta is expectted to decide on remedies in the coming months. PERPLEXITY, VALUED IN THE MID -TEENS BILLIONS AFTER RAISING ABOUT $ 1 BILLION, YOU HAVE PREVIOUSLY FLOATED HIGH -PROFILE ACQUISION IDEAS, INCLUDING A BID FOR TIKTOK’S US OPERATIONS.
