Google Parental Alphabet in Talks to Purchase Wiz Cyber Security Group for $ 30 billion
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Google Parent Alphabet talks about buying Cyber Security Star-up WIZ for around $ 30 billion, setting a stage for the biggest acquisition in the history of Giant for search, according to people who are familiar with the issue.
Alphabet held talks on WIZ buying of $ 23 billion last year, although the negotiations demolished after some of the director and investors of the company and investors became concerned about the antitrust obstacles. Alphabet is now returning with an offer of more than $ 30 billion, said the person.
The new round of interview interview was ongoing and the agreement could soon be concluded, three people said. The download of the WIZ would be classified as the biggest contracts of the year and would still probably face the supervision of the Federal Commission for Trade Commission under President Donald Trump, whose new chairman Andrew Ferguson held the guidelines by giving the Agency the possibility of blocking the big contracts used by his predecessor Lina Khan.
Alphabet did not respond to the requests for comment on conversations. Wiz refused to comment.
Founded by the Alumni of Israeli elite Units for Cyber Intelligence in 2020, and now based in the USA, it provides WIZ Wiz Wiz cyber security Cloud services. The company is among the fastest growing software movements of all time, having benefits from the increase in sales because companies are increasingly transferring their business to the cloud.
He received $ 500 million in the annual repetitive income-memetry of earnings they put in the start-up-up-in and sought to double that in 2025, said co-founder Roy director. The group provides cloud safety services of almost half of US top 100 largest companies, the website states.
A possible connection, which was first reported by Wall Street Journal, comes in the middle of a slow environment for an agreement, because the uncertainty of trade policy is under Trump’s new administration, and market unrest has cooled hopes in M&A flourishing.
The sellers were afraid that great technological downloads could be particularly challenging to the current administration, as JD Vance’s vice -president said he believed that great technology had “too much power”.
Wiz Wiz Last raised $ 1 billion per value of $ 12 billion in $ 2022 from an investor group led by Andreessen Horowitz, Lightspeed Venture Partners and Thriive Capital. The company is also supported by investors, including Index Ventures, Insight Partners, G Squared, Sequoia Capital, Greenoaks, Cyberstarts and Wellington.
Last summer Wiz said last summer with Alphabet Fizzled that he would follow the initial public offer.
Downloading WIZ would be far greater than any of the previous Alphabet contracts. The biggest business of the company to date has been his $ 12.5 billion to buy Gadget Maker Motorola Mobility, which he has sold since then. 2022. Alphabet paid $ 5.4 billion to acquire Cyber Security Company Mandiant to improve his Google Cloud product.
Alphabet sought ways to increase his earnings from cloud computing services to make up for his dependence on revenue from searching advertising. Google Cloud remains a distant third in Global market share About 12 percent, behind Microsoft Azure with 21 percent and presenter Amazon Web Services with almost a third.
