Alphabet in advanced talks to acquire Wiz for over $30 Billion
By
Binu Mathew
Google-parent Alphabet is reportedly in advanced negotiations to acquire Israeli cybersecurity firm Wiz for more than $30 billion, marking what could be its largest acquisition to date, according to sources familiar with the matter.
This offer is about one-third higher than the $23 billion deal Alphabet proposed in 2024, which Wiz called off in July over concerns regarding antitrust regulations. At the time, Wiz stated in an internal memo that it would focus on an initial public offering (IPO) instead.