Alphabet Inc. is in talks to acquire cybersecurity startup Wiz for $30 billion

From Nasdaq: 2025-03-17 21:32:18

Alphabet Inc. is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, marking its largest acquisition yet. The deal is close to being finalized, pending any last-minute obstacles. This move is expected to bolster Alphabet’s presence in the competitive cloud computing market.

In July 2024, Wiz reportedly turned down Alphabet’s $23 billion offer, opting for an IPO instead. However, with IPO markets quiet, Wiz has restarted deal talks with various parties. This acquisition could significantly impact Alphabet’s standing in the tech industry.



Read more at Nasdaq: Alphabet Inc. Revives $30 Bln Acquisition Talks With Wiz Following Collapse Of $23 Bln Deal: Report