New York CNN —
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
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