CNBC July 14, 2024
Rohan Goswami

Key Points

– Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday, citing people familiar with the matter.

– The people familiar told the Journal that a deal could come soon.

– If completed, the deal would be Google’s largest ever acquisition.

Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday, citing people familiar with the matter.

The people familiar told the Journal that a deal could come soon.

Wiz was founded in 2020, and has grown at a rapid clip under CEO Assaf Rappaport. It had been eyeing an IPO as recently as May, when the company achieved a...

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Topics: Cybersecurity, Mergers & Acquisitions / JV, Technology, Trends
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