Alphabet plans billions of bills: Cybersecurity start-up Wiz in focus!
Alphabet plans billions of bills: Cybersecurity start-up Wiz in focus!
The technology giant Alphabet, to which Google belongs, is about to complete his biggest deal in the company's history. According to current reports, Alphabet is negotiating about the purchase of the cybersecurity startup WIZ for around $ 30 billion. This takeover marks a significant step in alphanet's efforts to strengthen its presence in the field of cyber security, and could also be groundbreaking for the industry itself, as it could be under the magnifying glass of the antitrust authorities. Already last year Wiz had rejected an offer of over $ 23 billion on the part of alphabet to concentrate on its own IPO, but now the company has improved its conditions, as the "Wall Street Journal" reported.
WIZ, founded by Assaf Rappaport, a former Microsoft manager, has made a name for itself since it was founded four years ago by helping companies to secure their cloud-based infrastructure with the help of artificial intelligence. During this time, the company has collected about $ 2 billion of investors and recently achieved an assessment of $ 12 billion. His customers include well -known companies such as Salesforce, Mars and BMW. The demand for such security solutions has grown because companies are increasingly relying on cloud services, which has led to an annual recurring turnover of around $ 350 million for WIZ, such as ars technica reported.
The conversations between Alphabet and Wiz are still at the beginning, according to insider reports and could come to a conclusion in the coming weeks. For Alphabet, this would be a strategic step to improve its cloud infrastructure and to secure larger customers in a market that is increasingly at risk from digital threats. Observers are eagerly awaiting the final decision and wondering whether the regulatory authorities will agree to the deal. If the takeover actually takes place, it could set a new benchmark for future mergers and takeovers in the technology world.
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