Google revives talks to acquire Wiz at higher valuation
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Google's parent company Alphabet is in advanced talks to acquire cloud cybersecurity startup Wiz at a higher valuation than previously discussed. The companies were close to a deal at a $23 billion valuation last summer, but it did not materialize.
March 17, 2025 | 11:30 pm
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Alphabet is in advanced talks to acquire Wiz, a cloud cybersecurity startup, at a higher valuation than the previously discussed $23 billion. This move could enhance Google's cloud security offerings.
The acquisition of Wiz would strengthen Google's cloud security offerings, potentially making its cloud services more competitive. This could positively impact Alphabet's stock price in the short term as investors anticipate enhanced product capabilities.
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