Google’s parent company Alphabet is going to make a big deal. With the help of this deal, the company wants to acquire cyber security startup Wiz. Alphabet is in talks regarding this. This information has been received from media reports. This deal can be worth 23 billion US dollars.
According to media reports, negotiations are currently underway between the two companies. If everything goes well, this could be a deal worth US$23 billion. Many details still need to be negotiated.
Alphabet acquired Motorola Mobility
Alphabet’s biggest deal was nearly a decade ago for US$12.5 billion when it acquired Motorola Mobility.
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Google’s biggest deal could be with Wiz
Now if everything goes well, the acquisition of Wiz could be Google’s most expensive. With the help of the acquisition of Wiz, Alphabet can achieve success in cyber security.
Also read: This company will compete with OnePlus and Xiaomi, will launch smartphones in India, big deal done
Know what is Wiz and when was it started?
Wiz was started in 2020. It is headquartered in New York. Wiz has raised nearly US$2 billion from investors. This startup is headed by Israeli founder and former Microsoft executive Asaf Rappaport. Now the value of this startup is US$12 billion. Its research and development facility is present in Tel Aviv.
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Wiz provides security to companies so that they can keep their cloud programs safe. This is important for everyone so that they can keep their company’s documents, software and data storage safe. Wiz has not yet given any official information on this matter.