Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.

Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.

A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.

  • Flying Squid@lemmy.world
    3·
    4 months ago

    It was more of a comment about how many millions they have wasted on AI with very little to show for it. At least they have a chance of better protecting themselves by acquiring this. They probably won’t, but it’s still more likely to help them out than what they gave to Reddit.