Reported 1 day ago
After faltering negotiations, Google's acquisition of Israeli cybersecurity firm Wiz accelerated following Donald Trump's inauguration, with the tech giant increasing its offer to $32 billion and enhancing breakup fees to over $3.2 billion. The change in the U.S. administration created a more favorable environment for antitrust reviews, further enticing Wiz executives to proceed with the deal despite earlier concerns regarding regulatory challenges.
Source: YAHOO