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Monday, March 17, 2025

Alphabet Nears $30 Billion Deal to Acquire Wiz

 Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, the Wall Street Journal reported on Monday, in what could be the tech giant's largest deal ever.

A deal could come together soon, granted the talks don't hit last-minute snags, the report said, citing people familiar with the matter.

Wiz had called off a $23-billion deal with Alphabet last year to focus on its initial public offering.

The startup provides cloud-based cybersecurity solutions powered by artificial intelligence that help companies identify and remove critical risks on cloud platforms.

https://money.usnews.com/investing/news/articles/2025-03-17/alphabet-back-in-deal-to-buy-cybersecurity-startup-wiz-for-30-billion-wsj-reports

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