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Google Parent Alphabet is holding Wizans Security Cyber Security talks for about $ 30 billion, which represents the way for the largest acquisition in the history of the research giant, according to people familiar with the matter.
The alphabet held more than 23 billion dollars in Wiz last year, despite negotiations Collapse After some managers of the cybersecurity and investors became concerned about anti -relaxing obstacles. A person said that the alphabet has now returned with more than 30 billion dollars.
Two people said that the new round of the deal talks was continuing and could be obtained soon. WIZ’s acquisition of the largest deals will occupy the year, and it will continue to face auditing from the Federal Trade Committee during the era of President Donald Trump, whose new president Andrew Ferguson maintained instructions that give the agency the ability to block the great deals used by his predecessor Lina Khan.
The alphabet did not respond to requests to comment on the conversations. Wiz rejected the comment.
Founded by graduates of the electronic intelligence unit in Israel in 2020, which is now based in the United States, it provides Wiz Cyber security Cloud services. The company is among the fastest growing companies in all ages, as it benefits from an increase in sales as companies are increasingly transformed into the cloud.
500 million dollars in the annual repeated revenue-a scale of a common profit by startups-last year, aims to double that in 2025, according to co-founder Roy Raznik. Provides the group clouds Security services for about half the 100 largest companies in America, according to their website.
The possible tie, which was informed by the Wall Street Journal for the first time, is in a slow environment to conclude deals, as uncertainty in commercial policy under the new management of Trump and market disorder may cool hopes for integration and prosperity.
The deal makers were afraid that the large technology acquisitions may be particularly difficult in light of the current administration, as Vice President JD Vance said he believed that great technology “has a lot of strength.”
At the last billion dollars, Wiz rated $ 12 billion in 2022 from a group of investors led by Andressen Horowitz, Lightspeed Venture Partners and Thrive Capital. The company is also called investors including Index Ventures, Insight Partners, G Squared, Sequoia Capital, Greenoaks, Cyblestarts and Wellington.
Was had said after the talks alphabet Last summer fade that he would follow a preliminary general offer.
WIZ’s acquisition will be much greater than any of the previous alphabet deals. The company’s largest deal so far was to acquire 12.5 billion dollars in the Motorola Mobility, which has since its time. In 2022, Alphabet paid $ 5.4 billion to obtain Cyber Security Mandriat to enhance its Google cloud product.
Alphabet is looking for ways to increase its profits from cloud computing services to compensate for its dependence on the revenue of the research related to the research. Google Cloud remains a third distant in Global market share At about 12 percent, Azzure from Microsoft is 21 percent and Amazon Web Services with nearly a third.
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