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Israeli cybersecurity startup Wiz has ended talks with Google-parent Alphabet (GOOGL) on a reported $23 billion deal, opting instead to focus on an initial public offering (IPO). Wiz CEO Assaf ...
First, according to a corporate update, Wiz will join Google Cloud, an important part of Alphabet which grew by 30% to $12 billion during the fourth-quarter of 2024 driven by demand for AI as the ...
Alphabet (GOOGL.O) said this week it would buy Wiz for about $32 billion in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race ...
Cybersecurity outfit to go its own way to IPO and $1B ARR On the day of Alphabet's Q2 earnings call, cybersecurity firm Wiz has walked from a $23 billion takeover bid by Google's parent company ...
Google owner Alphabet will buy cybersecurity firm Wiz for $32 billion — in a deal set to boost the tech giant’s in-house cloud computing amid burgeoning artifical intelligence growth.
The Wiz deal, assuming it closes, will be the largest in Alphabet's history. It's paying a hefty price tag believed to be around 60 times Wiz's 2024 annual recurring revenue of $500 million in 2024.
Google parent Alphabet's potential $23 billion acquisition of Wiz is a strategic poker move that could reshape the industry and lead to a wave of M&A activity in the Big Tech sector. 5 analysts ...
Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet ...
The Wiz deal, assuming it closes, will be the largest in Alphabet's history. It's paying a hefty price tag believed to be around 60 times Wiz's 2024 annual recurring revenue of $500 million in 2024.
Google owner Alphabet will buy cybersecurity firm Wiz for $32 billion — in a deal set to boost the tech giant’s in-house cloud computing amid burgeoning artifical intelligence growth.