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Google Parent Alphabet in Talks to Acquire Cyber Security Group Wiz for $30bn

Alphabet Inc. is reportedly negotiating a $30 billion acquisition of cybersecurity startup Wiz, the largest deal in its history. Founded in 2020, Wiz offers cloud security solutions and protects many Fortune 100 companies. The deal could enhance Google Cloud’s capabilities amid regulatory scrutiny and competition with AWS and Microsoft Azure. Wiz’s rapid growth includes a $12 billion valuation.

Source: cybersecuritynews.com –

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