Google in Talks to Acquire Cybersecurity Startup Wiz for $23 Billion

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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