Mega takeover plans
Google offers 30 billion dollars for IT security company
According to a media report, the US technology giant Alphabet - Google's parent company - has launched a second attempt to acquire the cybersecurity start-up Wiz for billions of dollars.
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen Alphabet is in advanced talks to acquire Wiz for around 30 billion dollars, the Wall Street Journal (WSJ) reported on Monday, citing people familiar with the matter. It would be Alphabet's largest transaction to date.
Last year, Wiz rejected an offer from Alphabet worth around 23 billion dollars in order to concentrate on its IPO. The Google parent company has now made a further improvement.
Wiz offers cloud-based cyber security solutions that use artificial intelligence to counter threats in real time. Alphabet wants to invest in its cloud infrastructure and win more customers in this business.
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