US EditionGoogle 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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The value of the transaction is estimated at $23 billion.
American company Alphabet, which is the parent company of Google, plans its largest acquisition in history. It is discussing the takeover of cybernetics startup Wiz, willing to offer $23 billion for it (about 535 billion CZK). The negotiations are advanced, according to the Wall Street Journal (WSJ). Alphabet would strengthen its position in the field of cloud services, where it lags behind the competition.
$23 billion deal would be its biggest acquisition of all time
Laut dem „Wall Street Journal“ will Google-Mutter Alphabet die Sicherheitsfirma Wiz für 23 Mrd. US-Dollar übernehmen.
Google is in talks to buy a cybersecurity and cloud company for $23 billion, Bloomberg and the New York Times report. If it materializes, it would be the largest acquisition in Google's history. Wiz is called the company, it was founded in Israel in 2020 and is headquartered in New York. At a funding round in May, it was valued at $12 billion. Wiz was then receiving $1 billion in funding. The company grew rapidly, and annual revenues tripled wit…
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