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Alphabet Reportedly in Talks to Acquire Wiz for $23 Billion
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Alphabet Reportedly in Talks to Acquire Wiz for $23 Billion
Jul 15, 2024 2:20 AM

04:46 AM EDT, 07/15/2024 (MT Newswires) -- Alphabet (GOOG, GOOGL) is in talks to acquire cybersecurity firm Wiz for around $23 billion, multiple news outlets reported Sunday, citing people familiar with the matter.

The deal for the startup would be the Google ( GOOG ) parent company's largest-ever acquisition, the reports said.

The talks are in an advanced stage and a deal could be reached soon, The Wall Street Journal reported.

Wiz already provides cloud-based cybersecurity services in partnership with Google ( GOOG ), as well as Amazon (AMZN) and Microsoft (MSFT).

Alphabet and Wiz did not immediately reply to MT Newswires' requests for comment.

Price: 186.40, Change: -0.38, Percent Change: -0.20

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