Google is shopping for a San Francisco startup that designs software for businesses that use its products for things like tax filing, employee benefits, and payroll.
The deal is worth about $200 million, according to people familiar with the matter, with Google hoping to use the software to help it automate processes and manage data.
The company also is hoping to make the software a part of its suite of products that includes apps for smartphones, tablets, wearables and other devices.
The transaction comes as Google and Amazon are seeking to expand their businesses into areas where they compete for consumers and the attention of businesses.
In January, Amazon agreed to acquire the online retailer, which has grown to become a major player in e-commerce.
Google’s stock closed at $122.85, down 0.4% in premarket trading.