Google is close to making its biggest acquisition ever
Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.
A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.
Discussions between Google and Wiz began after the startup raised $1 billion from ventur... moreGoogle is close to making its biggest acquisition ever
Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.
A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.
Discussions between Google and Wiz began after the startup raised $1 billion from venture capital investors earlier this year, the source said.
Terms of a potential deal have not been finalized and talks could still collapse, according to the source.
News of the Google-Wiz talks was first reported by The Wall Street Journal.
Neither Google nor Wiz returned CNN’s requests for comment.
4 ways to earn extra cash this summer, from people whose side hustles bring in $100,000 or more a year
It's officially summer, and with the heat comes travel and expenses like concerts, trips to the amusement park and a new wardrobe. To avoid breaking the bank, you may want to consider picking up a summer side hustle to bring in some extra cash.
CNBC Make It has talked to plenty of real people who show you can make more than just a couple extra bucks here and there — their side hustles typic... more
4 ways to earn extra cash this summer, from people whose side hustles bring in $100,000 or more a year
It's officially summer, and with the heat comes travel and expenses like concerts, trips to the amusement park and a new wardrobe. To avoid breaking the bank, you may want to consider picking up a summer side hustle to bring in some extra cash.
CNBC Make It has talked to plenty of real people who show you can make more than just a couple extra bucks here and there — their side hustles typically bring in more then $100,000 per year.
