4 months ago
Key Takeaways
- The Wall Street Journal is reporting Google's genitor company, Alphabet, is successful talks pinch a cybersecurity startup to get it successful a woody worthy astir $23 billion.
- The startup is called Wiz and provides cybersecurity package for unreality computing.
- If nan woody goes through, this would beryllium nan largest acquisition nan tech elephantine has ever made.
Google genitor Alphabet (GOOG) is reportedly gearing up for $23 cardinal acquisition, nan largest successful nan company's history.
Alphabet is adjacent to a woody pinch Wiz, a cybersecurity package supplier for unreality computing, according to the Wall Street Journal, which cited anonymous sources adjacent to nan woody Sunday. The woody would statement up Alphabet's beingness successful nan cyber information and unreality computing space.
The tech elephantine has spent large money to drawback up to its peers successful that sector. If nan woody goes through, Wiz would subordinate Mandiant successful Alphabet's cybersecurity business. The Mandiant woody was different record-breaking woody for nan tech giant, clocking successful astatine $5.4 cardinal and 2nd only to Alphabet's acquisition of Motorola Mobility for $12.5 billion.
Alphabet's unreality business accounted for $9.5 cardinal successful its first fiscal 4th and CEO Sundar Pichai said nan company's "Cloud business is now wide seen arsenic nan leader successful cybersecurity."
The institution will study net for nan 2nd 4th connected July 23.
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