R Alphabet, the parent company of Google, is once again in advanced talks to acquire cloud cybersecurity startup Wiz. This comes after a failed deal at a $23 billion valuation last summer. The current discussions are taking place at a higher price point, indicating a renewed interest in the startup.The initial talks were close to securing a deal but ultimately fell through. However, it appears that Alphabet is willing to revisit the conversation and increase the offer. This suggests that Wiz's technology and expertise have significant value to Alphabet's existing business interests.The exact terms of the potential deal are not yet public, but the increased valuation indicates that Alphabet believes Wiz has substantial potential for growth and contribution to its own offerings.
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Google’s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. The two companies were close to securing a deal at a $23 billion valuation last summer, but the transaction failed to materialize. This time, the price being discussed is higher, the person […]
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