Google likely back in deal to buy Israeli startup Wiz after a ‘failed attempt’ in 2024, here’s what the new offer is
Google’s parent company Alphabet is in advanced negotiations for the second time to acquire cloud cybersecurity startup Wiz for approximately $30 billion, according to people familiar with the matter. The deal could be finalized soon if no last-minute complications arise.
The talks, first reported by The Wall Street Journal, represent Alphabet’s second attempt to purchase the cybersecurity company after it rejected the offer to pursue IPO. Co-founder Assaf Rappaport said in a memo sent to Wiz employees, “Saying no to such humbling offers is tough.”