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Photo: Adam Berry/Getty Images

Google is in talks to acquire D2iQ, an enterprise cloud software company formerly known as Mesosphere, Axios has learned from a source close to the situation.

Pricing: Expectations are that D2iQ would be valued north of the $250 million that D2iQ has raised from venture capitalists, but less than the $775 million valuation it received via its Series D round in 2018.

But, but, but... It's not a done deal, and still may not happen. At least one D2iQ is said to oppose the transaction.

  • D2iQ laid off 34 employees, or 13% of its workforce per Business Insider, although those were unrelated to the acquisition talks.
  • Investors include Khosla Ventures, Andreessen Horowitz, Koch Disruptive Technologies, and T. Rowe Price.

Between the lines: Google originally developed Kubernetes, the open source server-management technology that D2iQ has integrated into its software offerings, and this acquisition could help Google better compete with Amazon and Amazon when marketing cloud offerings to developers. (edited) 

Neither D2iQ and Google responded to Axios' requests for comment.

Go deeper

Jul 15, 2020 - Economy & Business

Cloud gaming is finally having its moment

Reproduced from ABI Research; Chart: Axios Visuals

Revenue from cloud gaming is expected to explode in the next four years, according to a new report from ABI Research, commissioned by InterDigital, a mobile technology research and development company.

Why it matters: Higher broadband speeds and penetration from 5G connectivity will make cloud computing gaming more accessible to the masses.

20 mins ago - Podcasts

Podcast: After the Biden inaugural

Joe Biden was sworn in today as America's 46th president in an inauguration unlike any other in modern history.

Axios Re:Cap goes deeper into the speech, the atmosphere and what it all tells us about the incoming administration, with Axios political reporters Hans Nichols and Alexi McCammond.

Biden embarks on a consequential presidency

Photo illustration: Sarah Grillo/Axios. Photo: Joe Raedle/Getty Images

Donald Trump tried everything to delegitimize the rival who vanquished him. In reality, he's set Joe Biden on course to be a far more consequential U.S. president than he might otherwise have become.

The big picture: President Biden now confronts not just a pandemic, but massive political divisions and an assault on truth — and the aftermath of the assault on the Capitol two weeks ago that threatened democracy itself.