Google is making the biggest acquisition in its history. The company is acquiring Wiz, the cloud security startup, for $32 billion, our sources say.
Google-parent Alphabet has agreed to buy cybersecurity startup Wiz for at least $32 billion, the Financial Times reported on Tuesday, citing people familiar with the matter.
Google-parent Alphabet resumes talks to buy cybersecurity company Wiz for $30 billion.
Google's parent company, Alphabet Inc (NASDAQ:GOOG), is reportedly in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, which would make it the tech giant's biggest deal yet. The Wall Street Journal reports that a $23 billion agreement was nearly reached last year, but Wiz pulled out to focus on a potential stock market listing.
CNBC's Deirdre Bosa reports on where the AI race is going.
Google parent Alphabet is reportedly close to a deal to acquire cybersecurity startup Wiz for $30 billion after a $23 billion deal fell through last summer. The companies are in advanced talks and could close a deal soon if last-minute problems don't arise like they did earlier, the Wall Street Journal (WSJ) reported Monday (March 17), citing unnamed sources.
Google's parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. The two companies were close to securing a deal at a $23 billion valuation last summer, but the transaction failed to materialize.
Wiz had called off a $23-billion deal with Alphabet last year to focus on its initial public offering.
Google-parent Alphabet has restarted acquisition talks with cybersecurity firm Wiz, said a report. Google stock dipped amid the news.
Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, the Wall Street Journal reported on Monday.
CNBC's Deirdre Bosa reports on the latest regarding Google.
Alphabet (GOOG -1.00%) (GOOGL -1.00%) is often considered a reliable blue chip tech stock. It owns Google, the world's most widely used search engine; Android, the largest mobile operating system; Chrome, which dominates the web browser market; and YouTube, the top streaming video platform with over 2.7 billion monthly active users.