Google Nears Record $23B Acquisition of Cybersecurity Firm Wiz

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Source: The Jerusalem Post
TL;DR Summary

Google is in advanced talks to acquire Israeli cybersecurity start-up Wiz for $23 billion, marking the largest acquisition in Google's history. The deal, involving Google's parent company Alphabet, comes amid intense antitrust scrutiny and aims to bolster Alphabet's position in cloud computing. Founded in 2020, Wiz has rapidly increased in valuation and is backed by major venture capital firms.

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