Google parent Alphabet eyes ‘biggest’ acquisition ever with $23 billion proposed buyout of cybersecurity firm Wiz

Alphabet, the parent company of Google, seems to be close to buying Wiz, which is a cybersecurity startup. Reportedly Alphabet plans to buy Wiz for about $23 billion.

As reported by Reuters, most of the payment will be in cash. The deal is expected to be finalized soon. It looks like if the deal happens, it will be Alphabet’s biggest purchase ever.