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Perplexity Offers $34.5 Billion to Buy Chrome

A judge’s impending ruling on structural antitrust remedies could force a Chrome sale despite Google’s rejection of any deal.

Overview

  • Perplexity AI has sent Google a formal letter of intent to acquire Chrome for $34.5 billion, nearly twice its own $18 billion valuation.
  • In its proposal, Perplexity commits to substantial investment in Chrome, retention offers for key employees, ongoing support for the Chromium project, and a promise not to covertly alter the browser’s default search engine.
  • Google and CEO Sundar Pichai have stated that Chrome is not for sale and announced plans to appeal the DOJ’s antitrust ruling before any divestiture could proceed.
  • Analysts express skepticism about Perplexity’s financing plan, noting that investor backing has not been finalized and that the bid exceeds the startup’s market worth.
  • The judge’s imminent remedies ruling could mandate a Chrome divestiture but may be postponed by anticipated appeals that could stretch for months or years.