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“Google’s Quest for Cybersecurity: A Closer Look at the Potential Acquisition of Wiz at a Premium Price”
Alphabet, the parent company of Google, is once again in discussions to acquire the cloud cybersecurity startup Wiz at a higher valuation than before. With talks of a $30 billion deal on the table, Google’s cloud division sees Wiz’s security products as a valuable addition to its offerings. Despite previous hurdles in negotiations, including disagreements on integration and regulatory scrutiny, both parties seem determined to reach an agreement. Founded by former Israeli military officers, Wiz has garnered support from top investors like Andreessen Horowitz and Sequoia. As the deal negotiations unfold, the tech world awaits the outcome of this potentially game-changing acquisition.
