Google Inc is buying Alibaba’s developer network Alibaba Developers Network for $19 billion, according to people familiar with the transaction.
Alibaba, one of the world’s largest online shopping companies, has been one of Alphabet Inc’s biggest backers since the company was founded in 1999.
The Alibaba deal was announced Monday, and Google and Alibaba are expected to announce the deal later this year.
The $1.9 billion acquisition includes Alibaba’s core developer and platform engineering teams, as well as its data and analytics teams.
Alphabet said the deal also includes a number of key assets including Google Maps, Google Analytics, Google Voice, Google Cloud Platform, Android, Android Pay and Google Fiber.
Alphabet said in a statement that the transaction will “provide an innovative, high-performing development platform for developers.”
Alibaba is a Chinese Internet giant with operations in more than 150 countries.
It was founded by Jack Ma, an entrepreneur who founded Alibaba Group, a company that later became Google Inc. Google bought Alibaba in January 2016 for $4.5 trillion.