Google’s parent to buy cybersecurity group Wiz in its biggest ever deal
by Mark Sweney from Technology | The Guardian on (#6W0G4)
Alphabet's acquisition of Israeli startup for $32bn follows rejection of takeover bid last summer
Google's owner, Alphabet, has agreed to buy the cybersecurity group Wiz for $32bn (24.7bn), the biggest acquisition it has ever made.
The search company's purchase of the Israeli startup comes as Google attempts to catch its competitors Microsoft and Amazon in the competitive cloud services market.
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