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Google revives talks to acquire Wiz at higher valuation
Google's parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch.
Google’s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. One of the reasons the talks failed previously was the inability of the two companies to agree on whether Wiz would remain as a separate division or be integrated into Google Cloud, according to the Wall Street Journal. The New York and Israel-based Wiz was founded in 2020 by four former Israeli military officers who previously co-founded a cloud cybersecurity company called Adallom that Microsoft later acquired for$320 million.
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