CNBC July 14, 2024
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...