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Google reportedly in talks to acquire cloud security company Wiz for $23B
Google’s parent company Alphabet might be on the verge of making its biggest acquisition ever. The Wall Street Journal reports that Alphabet is in
Presumably, Alphabet executives see the deal as a way to fortify Google’s cloud business, which grew 28% to $9.57 billion in the first quarter of this year. Founded four years ago by former Microsoft employees Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, Wiz has raised a total of $1.9 billion. It seemed to be on-track to roll-up smaller security startups through acquisitions, and eventually to go public, but it may find a different path as part of Alphabet.
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