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Report: Alphabet Close to $30 Billion Acquisition of Wiz

  • Google parent Alphabet is reportedly close to a $30 billion acquisition of cybersecurity startup Wiz.
  • The deal could bolster Alphabet's cloud computing efforts by offering Wiz's enhanced security features.
  • If successful, it will be Google's biggest acquisition ever, surpassing the $12.5 billion Motorola Mobility purchase.
  • Wiz, valued at $12 billion, previously rejected a $23 billion bid and was planning for an initial public offering.

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