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Chrome has been valued! Its price could rise up to 20 billion dollars.

Chrome has been valued! Its price could rise up to 20 billion dollars.

20.11.2024 09:21

The antitrust officials of the U.S. Department of Justice have decided to request a judge to order the sale of Google's Chrome browser. If a U.S. judge issues a sales order for Chrome, it is estimated that the price could reach up to $20 billion.

It has been reported that officials from the U.S. Department of Justice have decided to request a judge to force Google to sell its Chrome browser.

The department will ask the judge, who ruled in August that Google illegally monopolized the search market, to take measures related to artificial intelligence and the Android smartphone operating system. Antitrust officials from the U.S. Department of Justice will request the judge to force Google to sell its Chrome browser.

PRICE IS ASTOUNDING

If a judge accepts the Department of Justice's proposal to sell the company, Alphabet's Chrome browser could find a buyer for up to $20 billion, creating historic pressure on one of the world's largest technology companies.

According to people familiar with the plans, the department will ask the judge, who ruled in August that Google illegally monopolized the search market, to take measures related to artificial intelligence and the Android smartphone operating system.

People who wished to remain anonymous said that antitrust officials plan to propose to federal judge Amit Mehta on Wednesday to impose data licensing requirements along with the states participating in the lawsuit.

If Mehta accepts the proposals, they have the potential to reshape the online search market and the emerging artificial intelligence industry.

VIRTUALLY A MONOPOLY IN ADVERTISING

Having the world's most popular web browser is crucial for Google's advertising business. The company can see the activities of logged-in users and use this data to target promotions more effectively, which constitutes a significant portion of its revenue. Google also uses Chrome to direct users to its flagship AI product, Gemini, which has the potential to transform into an assistant that tracks usage from a response bot.

$20 BILLION VALUATION

Bloomberg Intelligence analyst Mandeep Singh stated that if the sale occurs, Chrome would be valued at "at least $15-20 billion, considering it has more than 3 billion active users monthly."

Bob O'Donnell from TECHnalysis Research mentioned that the price potential buyers would be willing to pay might depend on Chrome's ability to connect to other services, stating, "It’s not directly monetizable. It serves as a gateway to other things. It’s unclear how you measure that from a pure revenue-generating perspective."



 
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