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This is an archive article published on July 14, 2024

Google parent close to $23 billion deal to buy cybersecurity startup Wiz, WSJ reports

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.

GoogleA deal could come together soon, assuming the talks don't fall apart, the report added. (AP)

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.

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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