GOOGL Wiz Acquisition: "Premium Price" for Cloud Growth
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Alphabet (GOOGL) is attempting to acquire Wiz for $32 billion to enhance its cloud business, marking a renewed effort in this strategic direction.
March 18, 2025 | 8:00 pm
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Alphabet is pursuing a $32 billion acquisition of Wiz to strengthen its cloud business, indicating a strategic focus on cloud growth.
The acquisition of Wiz for $32 billion is a significant investment by Alphabet to enhance its cloud services, suggesting a positive impact on its cloud business and potential growth in this sector.
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