tts.alexius
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Google’s parent company, Alphabet, is reportedly close to acquiring cybersecurity startup Wiz for around $23 billion, making it the largest deal in Google’s history. Wiz, which specializes in cloud computing security, recently raised $1 billion from venture capital and is valued at nearly double that amount. The potential acquisition would surpass Google's previous record purchase of Motorola for $12.5 billion, though that deal ended in a loss. Alphabet's interest in Wiz underscores its commitment to expanding its cloud computing and cybersecurity efforts, particularly as competition with Microsoft and Amazon intensifies. Despite ongoing antitrust scrutiny, the acquisition could move forward if political shifts influence regulatory environments. Wiz, founded by former Israeli military intelligence officers, has rapidly grown since its 2020 inception and counts major companies like BMW and Salesforce among its clients.
