Google Nears Record $23 Billion Acquisition of Cybersecurity Firm Wiz

1 min read
Source: Investing.com
Google Nears Record $23 Billion Acquisition of Cybersecurity Firm Wiz
Photo: Investing.com
TL;DR Summary

Google is in advanced talks to acquire cybersecurity startup Wiz for about $23 billion, which would be its largest acquisition ever. This follows Alphabet's decision not to pursue HubSpot due to antitrust concerns. Wiz, founded in 2020, has seen significant revenue growth and is backed by major venture capital firms. The deal would surpass Google's previous largest acquisition of Motorola Mobility for $12.5 billion in 2012.

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