Alphabet, the parent company of Google, is reportedly considering a significant move in the tech industry by potentially acquiring HubSpot, a leading marketing software company. Shares of HubSpot surged by 9% on Thursday morning following reports from Reuters indicating Alphabet's interest in the acquisition.

According to insider sources, Alphabet is in discussions with its advisers, including Morgan Stanley, to evaluate the feasibility of making an offer for HubSpot. The discussions have centered around determining the appropriate offer price and assessing potential regulatory hurdles, particularly regarding antitrust considerations.