Google’s parent company, Alphabet, is about to drop a bomb on the tech world! whopping $23 billion on cybersecurity startup Wiz
We’re talking a massive $23 billion cash explosion to snatch up cybersecurity startup Wiz. This isn’t just a purchase; it’s a power grab! Get ready for a new era of digital defense as Google beefs up its security muscle. Stay tuned for more details on this blockbuster deal! This would be the tech giant’s biggest splurge ever. Wiz, a hotshot Israeli-founded, New York-based company, raked in $350 million last year and works with 40% of Fortune 100 firms. It was valued at a cool $12 billion just recently.
This mega-deal is a bold move by Alphabet, especially considering the Biden admin’s tough stance on big tech mergers.
