Alphabet Acquires Wiz for $32 Billion in Historic Deal

Reported 1 day ago

Google's parent company, Alphabet, has announced a groundbreaking $32 billion all-cash acquisition of cybersecurity startup Wiz, marking its largest purchase to date. If approved by regulators, Wiz will enhance Google's cloud services, positioning the company as a leader in the cloud security market. This acquisition is significant not only due to its size but also as a move to compete directly with established security firms.

Source: YAHOO

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