tech

December 22, 2025

Alphabet to acquire data center and energy infrastructure company Intersect

Alphabet said the acquisition will help bring more data center and generation capacity online faster.

Alphabet to acquire data center and energy infrastructure company Intersect

TL;DR

  • Alphabet is acquiring Intersect for $4.75 billion in cash and assuming debt.
  • The acquisition is intended to speed up data center and power generation capacity deployment.
  • This move is seen as a response to the intense competition in the AI sector.
  • Intersect will work closely with Google's technical infrastructure team.
  • Intersect's assets in California and existing operating assets in Texas are not part of the acquisition.
  • The deal is expected to close in the first half of 2026, pending customary closing conditions.

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