Alphabet back in talks to buy cybersecurity startup Wiz for $30 billion, source says

Quick Summary:

Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, a source familiar with the matter said on Monday, potentially marking the tech giant's largest deal to date.

The deal hasn't been signed and could still change, the person said.

Wiz was last valued at $12 billion in a private funding round in May 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIsraelUnited States

Topics: Cybersecurity Talks Last Acquire Year Startup 2024 Billion Deal Familiar Alphabet

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 04:13:32 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 295 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 27118932

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