Google reportedly in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal
- Google's parent company, Alphabet, is in advanced discussions to purchase cybersecurity startup Wiz for approximately $23 billion, marking its largest acquisition to date.
- The deal, expected to be mainly cash-funded, could be finalized soon, according to a confidential source. Wiz, a rapidly growing software startup, offers cloud-based cybersecurity solutions with AI-powered threat detection and responses.
- Wiz, originally from Israel and now based in New York, reported $350 million in revenue in 2023 and serves 40% of Fortune 100 companies. It collaborates with major cloud providers like Microsoft and Amazon, with notable clients including Morgan Stanley and DocuSign.
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Leaning Left6Leaning Right9Center12Last Updated2 months agoBias Distribution44% Center