30 Sep
2024
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Google may buy cybersecurity startup Wiz for $23 billion

Google may buy cybersecurity startup Wiz for $23 billion

Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter told CNN.

A takeover of Wiz, which makes cybersecurity software for cloud computing, would mark the tech giant’s biggest-ever acquisition.

Terms of a potential deal have not been finalized and talks could still collapse, according to the source.

Neither Google nor Wiz returned CNN’s requests for comment.