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RE: LeoThread 2024-07-15 05:19

in LeoFinance3 months ago

Google reportedly in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal

Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday.

Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday, citing people familiar with the matter.

The people familiar told the Journal that a deal could come soon.

Wiz was founded in 2020, and has grown at a rapid clip under CEO Assaf Rappaport. It had been eyeing an IPO as recently as May, when the company achieved a valuation of $12 billion.

#google #technology #newsonleo #wiz