Alphabet Inc. (NASDAQ:GOOGL) acquires Intersect for $4.75 billion, enhancing data center capacity. Intersect will operate separately under its brand, led by Sheldon Kimber. Wall Street remains bullish on GOOGL, with analysts raising price targets. GOOGL is a holding company with major segments including Google Services, Google Cloud, and Other Bets.

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Read more at Yahoo Finance: Alphabet Inc. (GOOGL) Acquires Intersection of $4.75 Billion, Here’s What You Need to Know