Google is negotiating a deal to buy Israeli cyber company Wiz for around $23 billion. This could be the largest purchase ever made by the tech giant, as well as the largest purchase in Israel’s history.
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Google plans to buy Israeli startup Wiz for $23 billion
The deal has not yet been finalized, but could be finalized in the near future, The Wall Street Journal writes, citing sources.
Wiz was founded in 2020 by former Microsoft employees Asaf Rapaport, Inon Kostits, Ami Lutbeck and Roy Resnick. The company specializes in cloud security.
Wiz has become the fastest-growing startup in the world. In May, it raised $1 billion at a valuation of $12 billion. The company has raised a total of $1.9 billion.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
