Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion.<\/p>\n\n\n\n
Founded in 2020, Wiz has been growing at a fast pace with CEO Assaf Rapaport, and two months ago the company managed to achieve a market valuation of $12 billion. Wiz develops security technology specializing in the field of cloud computing, which is now a critical area for the operation of large companies, but also in general for the operation of cyberspace, even at the level of providing services to ordinary users.<\/p>\n\n\n\n
The controls<\/strong><\/p>\n\n\n\n If completed, the deal would be Google’s largest acquisition to date. It will also underline a clear and continuous bet on cyber security at a time when electronic systems both at the state level and in large organizations of all kinds are tested daily by all kinds of cyber attacks.<\/p>\n\n\n\n Google has made big acquisitions in the past. The internet giant bought cybersecurity firm Mandiant for $5.4 billion two years ago. But the company faces ongoing scrutiny for potential violations of antitrust and other consumer protection regulations in the US and Europe. The US Department of Justice has sued Google twice on antitrust grounds.<\/p>\n\n\n\n But its reported talks with Wiz suggest the company is rolling out a broad plan for major mergers and acquisitions despite competition concerns. Google has been in talks to acquire sales software maker Hubspot, but its pursuit has reportedly fizzled if not been abandoned.<\/p>\n","protected":false},"excerpt":{"rendered":" Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion. Founded in 2020, Wiz has been growing at a fast pace…<\/p>\n","protected":false},"author":1,"featured_media":19396,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[620,946],"tags":[3174,1558,815,1787,5641],"class_list":["post-19395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-companies","tag-company","tag-cybersecurity","tag-google","tag-mergers-acquisitions","tag-wiz"],"_links":{"self":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts\/19395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19395"}],"version-history":[{"count":1,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts\/19395\/revisions"}],"predecessor-version":[{"id":19397,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/posts\/19395\/revisions\/19397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=\/wp\/v2\/media\/19396"}],"wp:attachment":[{"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.liberalglobe.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}