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Reuters
Tue, Mar 18, 2025, 4:41 AM 1 min read
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(Reuters) -Google-parent Alphabet has agreed to bargain cybersecurity startup Wiz for astatine slightest $32 billion, the Financial Times reported connected Tuesday, citing radical acquainted with the matter.
This would bolster Google's unreality concern with Wiz's AI-powered cybersecurity solutions that companies usage to tackle captious risks, helping it amended vie with unreality person Amazon and Microsoft.
The woody would beryllium Alphabet's biggest purchase, overmuch higher than the $23 cardinal that it was going to wage for Wiz a twelvemonth agone portion conducting archetypal talks.
Wiz past twelvemonth called disconnected the woody implicit concerns it would not wide antitrust hurdles. Wiz had said successful an interior memo astatine the clip that it would absorption connected an archetypal nationalist offering.
The woody volition beryllium announced connected Tuesday morning, the study said. Google and Wiz did not instantly respond to Reuters' requests for comment.
(Reporting by Deborah Sophia successful Bengaluru; Editing by Anil D'Silva and Arun Koyyur)
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