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Alphabet may acquire cybersecurity startup Wiz for $23 billion
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Wiz offers cloud-based cybersecurity services using artificial intelligence
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The deal would be Alphabet’s largest acquisition ever
Alphabet, the company that owns Google, is considering buying a cybersecurity startup called Wiz for a record $23 billion. Wiz is a fast-growing company that uses artificial intelligence to detect and respond to cyber threats in real-time. If the deal goes through, it will be Alphabet’s biggest acquisition ever.
Wiz works with many big companies, including Microsoft and Amazon, and offers cloud-based cybersecurity services. The startup has 900 employees and plans to hire 400 more in 2024. Alphabet is likely interested in Wiz because of its strong cybersecurity capabilities, which would complement Google’s services.
This potential deal is significant not only because of its size but also because it shows Alphabet’s focus on cybersecurity. The tech industry is watching closely to see if the deal will go through and what impact it may have on the cybersecurity landscape.
