Google parent Alphabet in talks to buy cyber security group Wiz for $30bn
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The Google Parent Alphabet is in the talks to buy a cyber security of the Wiz to buy about $ 30 billion based on the biggest achievement in the search giant history.
The alphabet has held talks on the purchase of $ 23 billion worth of Wiz, despite negotiations collapsed After the directors and investors of some cyber security, they were concerned about anti-monopoly obstacles. The alphabet has now returned to more than $ 30 billion offers, said the man.
The new phase of the transaction talks continued, and there could be an agreement soon, two people said. The capture of the neck would affect the biggest transactions of the year and will probably be able to resume from the Federal Trade Committee submitted by RA President Donald Trump to block the agency.
The alphabet did not respond to the requests for commenting. Viz refused to comment.
In 2020, the graduates of the Israeli Elite Cyber ​​Intelligence Submission were established in 2020 and now it is based in the United States, the WIZ provides it. Cyber ​​security Services for a cloud. The company is in the fastest growing software for all time, winning sales, as businesses move more and more on the cloud.
It has reached $ 500 million a year in recurrent revenues. A meter meter, commonly used by beginners, last year and intended to double in 2025. The group provides cloud Security services in almost half of America’s top 100 largest companies according to his website.
The possible tie, which was first reported by Wall Street Journal, comes to the slower farm environment as the uncertainty of trade policy related to the new Trump’s commercials and market turmoil.
The dilemma feared that he could challenge large technologies under the current administration, as JD Vance said that great technology has “too much force.”
The private neck lasted $ 12 billion worth $ 12 billion worth $ 12 billion by a group of investors, headed by Andresen Horov, investors headed by Lightspeed Venture partners. The company also supports investors, including index enterprises, insight partners, G-squares, Sequoia, Greenoaks, Cyberstarts and Wellington.
Wiz said after negotiations Alphabet Fizzled last summer was chasing a preliminary public offer.
WIZ’s assumption will be much larger than previous alphabet transactions. The company’s largest deal is still the acquisition of $ 12.5 billion Motorola Motorola Mobily, which has been sold. In 2022, the alphabet paid $ 5.4 billion to acquire Cyber ​​Security Company Mandiant to improve its Google Cloud Product.
The alphabet searches for clouud computing services to promote its dependence on its dependence-advertising-advertising revenue. Google Cloud remains a distant third World Market Department In about 12%, followed by Microsoft’s Azure by 21% and leader Amazon web services in almost a third.