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News@lemmy.world • 4 months ago

Google is close to making its biggest acquisition ever | CNN Business

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Google is close to making its biggest acquisition ever | CNN Business

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News@lemmy.world • 4 months ago

cross-posted to:
technology@lemmy.world

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

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

A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.

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Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion so they can kill off their largest hurdle to acquiring all of humanity’s personal data.

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