Alphabet, the parent company of Google, has announced plans to acquire Intersect in a $4.75 billion transaction, marking a significant move to strengthen its data centre and energy infrastructure capabilities.

The acquisition is expected to support Alphabet’s growing requirements for large-scale computing infrastructure as demand rises for cloud services, artificial intelligence, and data-intensive applications. Intersect is known for developing and managing infrastructure assets linked to data centres and energy systems, areas that are increasingly critical to technology companies operating at global scale.

According to people familiar with the development, the deal is structured to help Alphabet secure long-term capacity and improve operational efficiency across its data centre network. Energy reliability and sustainability are also key considerations, as data centres account for a rising share of power consumption worldwide.

Alphabet has been steadily expanding its global data centre footprint to support services such as Google Cloud, Search, YouTube, and AI platforms. The company has also committed to running its operations on carbon-free energy, making integrated energy infrastructure a strategic priority.

An industry observer said, “As AI workloads scale up, owning and controlling infrastructure assets gives companies like Alphabet greater resilience and cost predictability.”

The acquisition is subject to customary regulatory approvals and closing conditions. Once completed, Intersect’s assets and expertise are expected to be integrated into Alphabet’s long-term infrastructure planning, supporting continued expansion of its digital services worldwide.

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