Monday, July 15, 2024

Google parent in advanced talks to buy cybersecurity startup Wiz for $23 billion

Alphabet is negotiating to acquire U.S.-Israeli cybersecurity startup Wiz for $23 billion. This would be its largest acquisition amid regulatory scrutiny. Wiz, generating $350 million revenue and serving 40% of Fortune 100 companies, valued at $12 billion. Discussions are confidential and follow Alphabet's decision not to acquire HubSpot. Neither company provided comments.

from Tech-Economic Times https://ift.tt/KGnmokQ

No comments:

Post a Comment

Meta AI glasses pilot faces privacy scrutiny

Privacy experts are flagging significant risks with Meta's AI glasses pilot for visually impaired citizens in Gujarat. Concerns centre o...