Google's parent company Alphabet is reportedly in talks to [1]acquire cybersecurity startup Wiz for approximately $30 billion . Last July, negotiations had advanced on [2]a $23 billion deal , but the talks were put on hold to prioritize Wiz's IPO. Around the same time, Alphabet also walked away from a [3]potential acquisition of online marketing software company HubSpot. Reuters reports:

> The startup provides cloud-based cybersecurity solutions powered by artificial intelligence that help companies identify and remove critical risks on cloud platforms. A buyout of this size will most likely face regulatory scrutiny as tech giants are kept under close watch for possible monopolistic practices.

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> If the deal goes through, it could help Alphabet tap into the cybersecurity industry and expand its booming cloud infrastructure segment, which generated more than $43 billion in revenue last year. Wiz was last valued at $12 billion in a private funding round in May 2024.



[1] https://finance.yahoo.com/news/alphabet-back-deal-buy-cybersecurity-201332838.html

[2] https://tech.slashdot.org/story/24/07/15/1449245/google-near-23-billion-deal-for-cybersecurity-startup-wiz

[3] https://tech.slashdot.org/story/24/04/04/1410250/google-weighs-offer-for-32-billion-marketing-firm-hubspot