Google is in advanced talks to acquire cybersecurity startup Wiz for approximately $23 billion.Google is in advanced talks to acquire cybersecurity startup Wiz for approximately $23 billion.
This would be Google's largest acquisition, surpassing its $12.5 billion purchase of Motorola.
Discussions began after Wiz raised $1 billion from venture capital investors earlier this year.
The deal is not yet finalized and could still fall through, as per a source familiar with the matter.
The Wall Street Journal first reported the Google-Wiz discussions.
The acquisition would nearly double Wiz's recent valuation of $12 billion from its latest funding round.
Google previously acquired cybersecurity firm Mandiant for $5.4 billion in March 2022.
Buying Wiz would enhance Google Cloud's offerings, aiming to compete with Microsoft and Amazon.
Cloud security is increasingly vital, highlighted by a recent data breach at AT&T.
The deal comes amid antitrust scrutiny but could proceed more smoothly if political conditions change.
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