Article 6P76F Google is reportedly planning its biggest startup acquisition ever

Google is reportedly planning its biggest startup acquisition ever

by
Wes Davis
from The Verge - All Posts on (#6P76F)
STK093_Google_03.0.jpg Illustration: The Verge

Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle, reports The Wall Street Journal. At close to twice what it spent for Motorola Mobility in 2012, it would be the most Google has ever paid for another company.

The New York City-based Wiz offers siloed security tools and scanners" for the enterprise space, according to the company. Wiz writes that it secures corporate cloud infrastructure by creating a normalizing layer between cloud environments," letting businesses rapidly identify and remove critical risks." Buying such a company feels particularly targeted at an increasingly vulnerable-looking Microsoft that's recently weathered multiple high-profile...

Continue reading...

External Content
Source RSS or Atom Feed
Feed Location http://www.theverge.com/rss/index.xml
Feed Title The Verge - All Posts
Feed Link https://www.theverge.com/
Reply 0 comments