Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23B, in a deal that would represent the technology giant’s biggest acquisition ever, Reuters’ Milana Vinn and Steven Scheer report, citing a person familiar with the matter. The deal, being funded mostly in cash, could come together soon, the source added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- Apple Stock (NASDAQ:AAPL): It’s Not Just AI to Be Excited About
- HubSpot price target lowered to $460 from $520 at KeyBanc
- Google’s YouTube releasing new features for YouTube Shorts
- BofA sees ‘attractive entry point’ with HubSpot deal overhang removed
- HubSpot price target lowered to $650 from $750 at Wells Fargo