HubSpot Stock Jumps Amid Reports Google Parent Alphabet Considering Acquisition [Video]

Shares of HubSpot (HUBS) jumped Thursday amid reports Google parent Alphabet (GOOGL) was weighing an offer to buy the marketing software company. 

Alphabet has met with investment bankers at Morgan Stanley in recent days to discuss a potential offer, Reuters reported Thursday, citing people familiar with the discussions. The company has also discussed with advisors whether antitrust regulators would be likely to challenge an acquisition.

With a market capitalization of more than $30 billion, HubSpot would be Alphabet’s largest-ever acquisition and its first multibillion-dollar deal since acquiring cybersecurity firm Mandiant for about $5 billion in 2022.

Alphabet did not immediately respond to a request for comment.

The deal, if offered, would be one of the few examples of a tech giant attempting a tie-up under the enhanced scrutiny of President Joe Biden’s tech-skeptical regulators. Federal Trade Commission (FTC) Chair Lina Khan has made going after big tech a cornerstone of her tenure. 

Regulators aggressively fought Microsoft’s (MSFT) acquisition …