Google makes its biggest-ever acquisition
4 days, 2 hours ago

Google makes its biggest-ever acquisition

CNN  

CNN — Google announced a deal Tuesday to buy rapidly growing cybersecurity firm Wiz for $32 billion. The all-cash takeover of privately held Wiz represents a big bet by Google on cloud security and cybersecurity in this period of explosive growth for artificial intelligence. The Wiz deal, which is subject to regulatory approval, easily surpasses Google’s previously biggest takeover: An ill-fated 2012 deal to buy Motorola Mobility for $12.5 billion. Wiz, which makes cybersecurity software for cloud computing, was in talks last summer to sell itself to Google for about a $23 billion, sources previously told CNN.

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Google’s $32 Billion Wiz Buyout Fast-Tracked Under Donald Trump's Leadership: Report
Top News
2 days, 19 hours ago

Google’s $32 Billion Wiz Buyout Fast-Tracked Under Donald Trump's Leadership: Report

ABP News  

Google's parent company, Alphabet Inc, acquired Israeli cybersecurity start-up Wiz on Tuesday in a record-breaking deal worth $32 billion. The new valuation was 39 per cent higher than Google’s previous bid and included a reverse breakup fee exceeding $3.2 billion—over 10 per cent of the total deal value. Google saw the premium as a justified investment, considering Wiz’s 70 per …

Google to buy cybersecurity firm Wiz for $32 billion in biggest deal in company's history
Trending News
2 days, 21 hours ago

Google to buy cybersecurity firm Wiz for $32 billion in biggest deal in company's history

Deccan Chronicle  

San Francisco: Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet empire. Wedbush analysts called Google's move to buy Wiz “a shot across the bow” at other tech giants, particularly Microsoft and Amazon, who have …

Google buys Wiz: Backer Sequoia Capital to reap 25-fold return from the deal
3 days, 1 hour ago

Google buys Wiz: Backer Sequoia Capital to reap 25-fold return from the deal

Hindustan Times  

Wiz backer Sequoia Capital is poised to deliver a return of about 25 times its invested capital from the cybersecurity startup’s pending sale to Google parent Alphabet Inc., according to a person with knowledge of the matter. The multiple on invested capital, known as MOIC, is calculated based on Sequoia’s roughly 10% stake in Wiz, which Alphabet agreed to buy …

Google set to acquire cybersecurity firm Wiz for $32 billion
Top News
3 days, 13 hours ago

Google set to acquire cybersecurity firm Wiz for $32 billion

Hindustan Times  

Google parent Alphabet Inc. agreed to acquire cybersecurity firm Wiz Inc. for $32 billion in cash, reaching a deal less than a year after initial negotiations fell apart because the cloud-computing startup wanted to stay independent. Google will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology …

Google to buy cybersecurity firm Wiz for $32 billion in the biggest deal in company’s history
3 days, 14 hours ago

Google to buy cybersecurity firm Wiz for $32 billion in the biggest deal in company’s history

Associated Press  

SAN FRANCISCO — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant’s biggest-ever acquisition at the same time it’s facing a potential breakup of its internet empire. Wedbush analysts called Google’s move to buy Wiz “a shot across the bow” at other tech giants, particularly Microsoft and Amazon, who …

Google Parent Entity, Alphabet, Agrees To Acquire Cybersecurity Start-Up Wiz For $32 Billion: Report
3 days, 14 hours ago

Google Parent Entity, Alphabet, Agrees To Acquire Cybersecurity Start-Up Wiz For $32 Billion: Report

ABP News  

Google's parent company, Alphabet, has reportedly agreed to buy cybersecurity start-up Wiz for at least $32 billion, The Financial Times reported on Tuesday. If finalised, the deal would significantly strengthen Google's cloud business by integrating Wiz’s AI-driven cybersecurity solutions. If Alphabet successfully acquired Wiz, it would mark a major expansion into the cybersecurity market, bolstering its cloud infrastructure division, which …

Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google
7 months, 3 weeks ago

Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google

Associated Press  

NEW YORK — Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet — as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen by CNBC and others. In a Monday memo to Wiz employees, as reported by CNBC, CEO Assaf Rappaport noted “saying no to such humbling offers …

Google wants a piece of Microsoft’s cyber-security business
8 months ago

Google wants a piece of Microsoft’s cyber-security business

The Economist  

Listen to this story. I N LATE 2022 Wiz, a cyber-security startup, boasted that it was “the fastest-growing software company ever”. And whereas many cyber-security incumbents, such as Palo Alto Networks and Fortinet, mostly sell firewalls and other safeguards for older IT systems, Wiz has from the start specialised in protecting the cloud. Wiz would enable Google’s clients to assess …

Google eyes acquisition of cybersecurity firm Wiz to strengthen cloud security
8 months ago

Google eyes acquisition of cybersecurity firm Wiz to strengthen cloud security

India TV News  

Google is successful in its effort to buy cloud security company Wiz, it would bolster its cloud security offerings for large organisations, a hotspot for hackers, and help it take on cloud rivals Amazon.com and Microsoft, experts said. "There is a hot market for cloud security," said Jerome Seguera, a senior intelligence analyst at the cybersecurity firm MalwareBytes, adding that …

Google set to make largest acquisition in its history
8 months ago

Google set to make largest acquisition in its history

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The US technology giant is expected to pay $23 billion for cyber security firm Wiz, The Wall …

Google parent in talks to buy cybersecurity startup Wiz for $23 billion
8 months, 1 week ago

Google parent in talks to buy cybersecurity startup Wiz for $23 billion

Live Mint  

By Milana Vinn and Steven Scheer NEW YORK, July 14 - Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant's biggest acquisition ever. Wiz, founded in Israel and now headquartered in New York, is one …

Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal
8 months, 1 week ago

Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal

Live Mint  

-- Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. The talks come on the heels of Alphabet shelving efforts to acquire customer relationship management company HubSpot Inc., which Bloomberg News reported last week. An acquisition of Wiz, a cloud and cybersecurity company, could help Google catch up …

Google buys Israeli security startup Siemplify for $500 million
3 years, 2 months ago

Google buys Israeli security startup Siemplify for $500 million

The Hindu  

Alphabet Inc-owned Google said on Tuesday its cloud division had acquired Israeli cybersecurity startup Siemplify, as the U.S. tech giant expands its security offerings amid rising cyber attacks. Financial details of the deal were not disclosed by the companies, but a source familiar with the matter said Google paid $500 million in cash for Siemplify. The deal came after Google …

Google is making a $2.6 billion bet on the cloud
5 years, 9 months ago

Google is making a $2.6 billion bet on the cloud

CNN  

New York CNN Business — Google and its parent company Alphabet are making a multi-billion bet on the cloud. Google said Thursday that it has agreed to acquire Looker, a business intelligence platform, for $2.6 billion in cash to bolster its cloud computing division by providing customers with more powerful data analytics. “The combination of Google Cloud and Looker will …

Google finalising $1.3 billion deal for mapping company Waze
11 years, 9 months ago

Google finalising $1.3 billion deal for mapping company Waze

Firstpost  

Google is finalising a deal to acquire online mapping company Waze for $1.3 billion, according to a source familiar with the matter…. Google is finalising a deal to acquire online mapping company Waze for $1.3 billion, according to a source familiar with the matter. The deal with Google comes after discussions between Waze and social networking company Facebook fell apart …

Google paid $151 million for Zagat - filing
13 years, 4 months ago

Google paid $151 million for Zagat - filing

Firstpost  

Google Inc paid $151 million in cash to acquire popular restaurant review guide Zagat in September, the Internet company said in a regulatory filing on Wednesday. Another expensive acquisition by Google Google also acquired Daily Deals, a privately held, German online coupon company, for $114 million in cash in September, Google said in the filing with the U.S. Securities and …

Google buys out 1000 patents from IBM
13 years, 6 months ago

Google buys out 1000 patents from IBM

Firstpost  

With a steady rise in the number of patent infringement cases, every major corporation out there is in the race for getting itself the best possible technology patented. Now, according to a PCMag report, search giant, Google has in a bid to further boost its patent portfolio bought out as many as 1,000 patents from IBM, as per records maintained …

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