PYMNTS.com March 18, 2025
The cloud environment is, as a class, mostly secure. But the way that enterprises, and their employees, actually utilize the cloud service ecosystem is not.
That was the insight that helped a startup’s founding team scale and sell their first cybersecurity company, Adallom, to Microsoft for $320 million in 2015. Now, they are back at it. This time, however, it’s Google on the buying side. And in 2025, the acquisition price for a cutting-edge cybersecurity solution, it turns out, is $33 billion.
News broke Monday (March 17) that Google parent Alphabet is reportedly close to a deal to acquire cybersecurity startup Wiz after a $23 billion deal fell through last summer due to investor and antitrust concerns.
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