Google Nears Record $23 Billion Acquisition of Cybersecurity Startup Wiz

1 min read
Source: Ars Technica
Google Nears Record $23 Billion Acquisition of Cybersecurity Startup Wiz
Photo: Ars Technica
TL;DR

Alphabet, Google's parent company, is in advanced talks to acquire cybersecurity startup Wiz for approximately $23 billion, potentially the largest acquisition in the tech giant's history. The deal, still weeks from completion, would face scrutiny from antitrust regulators. Wiz, valued at $12 billion and backed by major venture capital firms, helps companies secure cloud programs and has seen significant revenue growth.

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