HubSpot (NYSE: $HUBS) Rockets 9% on Thursday on Report of Possible Alphabet Acquisition [Featured Video]

HubSpot (NYSE: $HUBS) is a leading cloud-based customer relationship management (CRM) platform that provides software products for inbound marketing, sales, and customer service. Founded in 2006, it went public on the NYSE in 2014 and serves over 114,000 customers across more than 120 countries.

The company offers an all-in-one CRM platform to help businesses attract visitors, convert leads, and delight customers. Its suite of tools focuses on delivering a seamless customer experience, and it has become the solution of choice for businesses seeking to upgrade their marketing, sales, and customer service operations.

Shares of HubSpot surged by 7% on Thursday morning following an exclusive report from Reuters indicating that Alphabet, Google’s parent company, is in discussions with its advisors regarding a potential acquisition of the $32 billion firm.

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