Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security
The all-cash buyout comes after Wiz rejected a $23 billion bid from Alphabet last year due to concerns about antitrust approvals and its aim to focus on an initial public offering.
The Wiz website on a laptop arranged in New York, US, on Tuesday, July 16, 2024. Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter.(photo credit: Gabby Jones/Bloomberg via Getty Images)ByREUTERSUpdated: