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Google parent close to $23 billion deal to buy cybersecurity startup Wiz: ReportThe US-Israeli startup raised $1 billion in a private funding round in May, which values the four-year-old cloud cybersecurity company at $12 billion.
Reuters
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<div class="paragraphs"><p>The Google logo.</p></div>

The Google logo.

Credit: Reuters File Photo

Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

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A deal could come together soon, assuming the talks don't fall apart, the report added.

Google and Wiz did not immediately respond to a Reuters' request for comment.

The US-Israeli startup raised $1 billion in a private funding round in May, which values the four-year-old cloud cybersecurity company at $12 billion.

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(Published 15 July 2024, 01:42 IST)