Google’s new parent company Alphabet Inc. revealed today that it paid a whopping $380.2 million to acquire Bebop Technologies, the startup most recently led by its new cloud boss and ex-Vmware Inc. founder Diane Greene.

Out of that deal, Green raked in a cool $148.6 million in the form of 200,729 Alphabet shares valued at $740.39 each.

Surprisingly though, Greene decided she didn’t want to keep her new-found wealth. Alphabet’s SEC filing on the matter shows that “Greene exchanged 7,244,150 shares of bebop stock for 200,729 shares of Alphabet Class C Capital Stock at $740.39 each in the Merger, plus cash for fractional shares”. However, it added that Greene intends to donate the shares to an unnamed charity via a “donor advised fund.”

Most analysts agree that, although Bebop was working on some interesting cloud-based technologies, the deal was basically an acqui-hire for Google. After all, Greene is considered to be one of the queens of Silicon Valley due to her role in creating VMware and her backing of hot startups like Cloudera Inc. and others. Perhaps Greene’s biggest skill is that she knows what it takes to go about selling services to large enterprises, an important piece of know-how Google really needs if it’s to try and challenge Amazon Web Services and Microsoft in the all-important enterprise cloud market.

As for Bebop, the plan is that the startup will continue to build its “development platform that makes it easy to build and maintain enterprise applications”, said Google CEO Sundar Pichai in a blog post following the deal.

It remains to be seen if Google’s investment in Greene and Bebop will actually pay off, but few will deny the search giant has huge ambitions for the cloud. The company recently said it’s striving to make its cloud business even more profitable than its advertising network within the next five years, and Greene’s hire and the integration of Bebop’s engineering team is likely just the first step along the way to making that happen.

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