Browsing: Wiz

Silicon Valley is celebrating a surge in startup acquisitions. The $32 billion deal for cybersecurity startup Wiz is the highest price tag ever for a venture-backed startup and signals a return to optimism.

Alphabet (Google) is set to acquire the rapidly growing cybersecurity startup Wiz for approximately $32 billion, aiming to strengthen its cloud computing capabilities and compete with rivals like Microsoft and Amazon.

A roundup of the most significant tech news from the past week, including Alphabet’s acquisition of Wiz, the success of the latest Assassin’s Creed game, EU regulatory actions, and other developments.

Google is set to acquire cybersecurity firm Wiz for $32 billion, marking its largest acquisition to date and raising antitrust concerns. The deal reflects Google’s aggressive expansion into cloud computing and the rising demand for AI technology.