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.

  • @some_guy
    37•1 month ago

    They should not be allowed to continue hoovering up companies. They have more than enough resources to break into new and existing markets from scratch. Allowing them to acquire additional companies and talent erodes competition.

    • Refurbished Refurbisher
      7•1 month ago

      Unless, of course, they bribe the right politicians and justices; then it’s okay.

      • @sik0fewl@lemmy.ca
        4•1 month ago

        I think you mean tip the right politicians. Bribes are illegal.