Baird sees Alphabet cloud M&A

|By:, SA News Editor

Baird thinks Alphabet (GOOGL, GOOG) should make a big M&A move to boost its Google Cloud platform, which ranks fourth behind Amazon, Microsoft and Alibaba with 3% cloud computing market share.

"As Google seeks to carve out greater share in the expanding enterprise Cloud Services market, we believe the company should embark on a more-aggressive 'shopping spree' to improve commercialization with the help of enterprise-scale 'killer apps' and a better-developed sales and support organization," advises the Baird team.

Baird lists Workday (WDAY +3.4%), Atlassian (TEAM +3.3%), Zendesk (ZEN +1.7%), LogMeIn (LOGM +1%), ServiceNow (NOW +3.9%), Salesforce.com (CRM +3.1%), Tableau Software (DATA +3.2%) and Box (BOX +1.9%), as potential Alphabet targets.

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