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Shuvodip Ray

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๐Ÿ“ŒGoogle's $23B Acquisition Offer The proposed acquisition would have been Alphabet's largest to date, nearly doubling Wiz's previous valuation of $12 billion from its May 2024 funding round. Google's interest in Wiz stemmed from its desire to bolster its cloud security credentials and compete more effectively with rivals Microsoft Azure and AWS in the cloud computing market. The deal, if completed, would have marked Google's second major acquisition in the cybersecurity space, following its $5.4 billion purchase of Mandiant in 2022.

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