Alphabet, parent company of Google, is conducting advanced research, according to The Wall Street Journal conversations to acquire Wiz for about $23 billion. That would be its largest acquisition ever.
Wiz provides an all-in-one approach to cloud security, processing data from Amazon Web Services, Microsoft Azure, Google Cloud, and other cloud platforms.
Alphabet executives are likely to see the acquisition as a way to bolster Google’s cloud business, which grew 28 percent to $9.57 billion in the first quarter of this year.
Wiz, founded four years ago by former Microsoft employees Assaf Rappaport, Ami Luttwak, Yinon Costica and Roy Reznik, has raised a total of $1.9 billion.
The company’s investors include Andreessen Horowitz, Lightspeed Venture Partners, Thrive, Greylock, Wellington Management, Cyberstarts, Greenoaks, Howard Schultz, Index Ventures, Salesforce Ventures and Sequoia Capital.
Foto Avishag Shaar-Yashuv
Source: www.emerce.nl
