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Perplexity Offers $34.5 Billion to Buy Google’s Chrome Browser

A judge is set to deliver a ruling on antitrust remedies that may force Chrome’s sale, prompting Google to mount an appeal.

Overview

  • Perplexity AI submitted an unsolicited all-cash bid of $34.5 billion to Alphabet for its Chrome browser.
  • The startup says multiple large investment funds have agreed to finance the transaction in full despite its roughly $18 billion valuation.
  • Terms include preserving the open-source Chromium code, keeping Google as the default search engine with easy opt-out, investing $3 billion over two years and extending offers to Chrome engineers.
  • The offer coincides with the DOJ’s push for Chrome divestiture as an antitrust remedy following a 2024 ruling that found Google operated an illegal search monopoly.
  • Other potential buyers, including OpenAI, Yahoo and Apollo Global Management, have also expressed interest in acquiring a browser that commands about two-thirds of the global market.