Alphabet in Talks for $30 Billion Wiz Acquisition

Alphabet Inc. is pushing forward with a potential $30 billion acquisition of cybersecurity startup Wiz, marking its largest deal yet. This maneuver aims to bolster Alphabet's competitive edge in the cloud computing realm.

Date: 18-03-2025

AI Rating: 6

Acquisition Potential

Alphabet Inc. (GOOGL, GOOG) is in advanced discussions to acquire cybersecurity startup Wiz for approximately $30 billion. This acquisition represents a significant strategic move for Alphabet, being its largest to date. The successful finalization of this deal could enhance Alphabet's standing in the highly competitive cloud computing market where it seeks to improve its position against other prominent players.

Previous Offer and Market Conditions

In July 2024, Wiz turned down an earlier offer of $23 billion from Alphabet due to concerns regarding antitrust issues and investor feedback. The firm intended to pursue an IPO instead; however, the subdued IPO market over the past year has led Wiz to reconsider its strategy and enter negotiations with multiple parties, including Alphabet.

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