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Google reportedly in advanced talks to acquire cyber startup Wiz for $23Billion, its largest-ever deal⁉️🤔 Google may be acquiring cybersecurity firm Wiz for $23 billion. Wiz, founded in 2020, had been eyeing an IPO as recently as May, when it achieved a valuation of $12 billion. Its security offering gives companies insight into their full cloud presence. If completed, the deal will be Google's largest acquisition yet.

Google is reportedly in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday, citing people familiar with the matter. Click the link below to read the full article. Vibrant99 Solutions Google Wiz CNBC #News #Information #Updates #Latest #LatestNews #IT #Tech #Vibrant99 #Google #WIZ #CNBC #LinkedIn #Article

A representative for Wiz declined to comment. Google did not return a request for comment. Wiz’s cloud security offering gives executives and cybersecurity professionals insight into a company’s full cloud presence, something appealing to large firms with significant computing resources. It is backed by a roster of blue chip firms, including Israeli VC firm Cyberstarts, Index Ventures, Insight Partners and Sequoia Capital. If completed, the deal would be Google’s largest-ever acquisition. It would also underline a clear and continued bet on cybersecurity, at a time when nation-state and criminal actors have managed to disrupt governments and large organizations. Google has made large cyber acquisitions before: The company acquired cybersecurity firm Mandiant for $5.4 billion two years ago.

Alphabet Inc., Google's parent company, is in talks to acquire cybersecurity start-up Wiz for $23 billion, marking its largest acquisition ever! 🔐 Wiz helps secure cloud programs for major clients like Salesforce, Mars, and BMW 🌍 Acquisition could reshape the cybersecurity landscape 💸 Wiz has raised $2 billion from investors, valued at $12 billion 🕒 Discussions are ongoing, with final details yet to be settled 💼 Alphabet's biggest acquisition since Motorola Mobility in 2011 #Cybersecurity #TechAcquisition #CloudSecurity 📝 Wiz's annual recurring revenue hits $350 million 📈 Expected to boost Alphabet's cybersecurity capabilities 💡 Founded by former Microsoft executive Assaf Rappaport 🎯 Potential antitrust scrutiny ahead for Alphabet Google parent in talks to buy cyber security start-up Wiz for $23bn https://lnkd.in/g3sgmJN7

Google's recent acquisition of Wiz has certainly caused a stir. The tech giant's move to acquire yet another promising cybersecurity company is noteworthy. It appears that in the realm of promising cybersecurity ventures, acquisitions by Palo Alto and Google are becoming the norm. This has left many pondering the implications of such acquisitions. As I reflect on this acquisition, I find myself contemplating whether this is a positive or negative development. While the potential benefits are apparent, my current inclination slightly veers towards viewing it as negative. #Google #Wiz #cybersecurity #acquisition https://lnkd.in/etwwpUmP