CNBC March 24, 2025
Key Points
– Google’s $32 billion acquisition of Wiz may signal the start of a friendlier initial public offering and deal activity environment.
– The proliferation of artificial intelligence and the transition to the cloud has amplified the need for cybersecurity solutions.
– Companies such as Netskope and Snyk are reportedly eyeing IPOs in the near future.
Google’s acquisition of cybersecurity startup Wiz could be a turning point for an uncertain IPO market and a mergers and acquisitions environment aching from a slowdown in deal activity.
The search giant announced Tuesday it plans to buy the Israeli cybersecurity startup for $32 billion in its biggest acquisition ever. The deal came months after an initial $23 billion offer fell through and...
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