Alphabet, Google's parent company, is reportedly nearing a $30 billion acquisition of cybersecurity startup Wiz, which specializes in AI-driven cloud cybersecurity solutions. This acquisition could mark Alphabet's largest deal to date, following the company's previous abandonment of a similar agreement last year to allow Wiz to pursue an IPO. The deal is significant in enhancing Alphabet's capabilities in cloud security, an increasingly critical area for businesses facing rising cybersecurity threats.
Google-parent Alphabet is reportedly in talks to acquire cybersecurity startup Wiz for about $30 billion, marking a potentially historic acquisition for the tech giant.
The acquisition would bolster Alphabet's cybersecurity capabilities through Wiz's AI-driven cloud solutions that help businesses mitigate critical cybersecurity risks.
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