Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.

Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.

A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.

    • Ransack@lemmy.dbzer0.comEnglish
      2·
      4 months ago

      Well technically it’s not Google, it’s their mother company Alphabet. Tons of companies are built up like this.

      I get what you are implying but it’s quite the norm.