Reported about 19 hours ago
Alphabet Inc. is reportedly negotiating to acquire the cloud-security firm Wiz Inc. for $33 billion, reviving talks that were previously halted. If finalized, this deal would mark Alphabet's largest acquisition and enhance its position in the competitive cloud-computing sector, where Google is currently behind Microsoft and Amazon. The discussions come after Wiz previously declined an offer from Alphabet last July, choosing to remain independent, amidst regulatory concerns.
Source: YAHOO