The agreement comes after the cybersecurity startup rejected Google owner's original $23 billion proposal last July.
Alphabet said on Tuesday (Mar 18) it would buy Wiz for US$32 billion in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against ...
Alphabet (NASDAQ:GOOGL) investors have been concerned about the strength of its Search dominance, given the growing ...
The latest tech sell-off has been hard on many companies, including Alphabet ( GOOG 1.75%) ( GOOGL 1.68%). At its high, Alphabet attained a valuation worth over $2.5 trillion. Now, it sits at $2 ...
No public comment has yet been made by either Alphabet or Wiz regarding the acquisition. If finalised, the deal would significantly strengthen Google's cloud business.
So, investors need to recognize that Google Search, a $200 billion-a-year business, is still growing strongly, even with the rise of new AI platforms. In fact, Alphabet has managed to turn the AI ...
Google parent Alphabet agreed to acquire cybersecurity startup Wiz for $32 billion, in a massive bid to bolster its cloud business that has struggled to keep up with rivals. The all-cash deal would be ...
(Reuters) -Google-parent Alphabet has agreed to buy cybersecurity startup Wiz for at least $32 billion, the Financial Times reported on Tuesday, citing people familiar with the matter. This would ...