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Alphabet reportedly nears $30B acquisition of Israeli cloud security firm Wiz

  • Alphabet Inc. is reportedly in advanced talks to acquire Israeli cloud security firm Wiz Inc. for around $30 billion.
  • Wiz was founded in 2020 and offers a software platform designed to help companies detect vulnerabilities and malicious activity in their cloud setup.
  • The $30 billion acquisition, if completed, would be Alphabet's and Google's largest acquisition, surpassing their previous largest acquisition of Motorola Mobility for $12.5 billion in 2011.
  • Prior to these discussions, Wiz has raised $1.9 billion in funding and has made several acquisitions to drive its rapid growth.

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