Wing Venture Capital reposted this
"Why Google Wants to Acquire Wiz" 🔗 Link to the article: https://lnkd.in/gfhbW7TU 🔗 Google is reportedly in advanced talks to acquire Wiz for a staggering $23B, which would be its largest acquisition yet. Why? 🔐 Cloud + Security: Google is playing catch up with Microsoft in security, where Microsoft is larger than the next 5 cybersecurity vendors combined. 💼 Customer Base: Wiz brings over 40% of F100 and deep enterprise expertise from Microsoft. 💰 Financial Strength: With ~$500M million in ARR, Wiz is on a rapid growth trajectory, aiming for $1 billion in sales by 2025. Read the full piece to learn more about the specifics of the deal from both perspectives:
