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Google makes the largest acquisition in their story. The company’s company’s alphabet is acquiring wiz, the security startup, for $ 32 billion, our sources say.
Agreement will always need regulators and other approval before closing. From what we can see Google and Wiz also to confirm something official.
The agreement has been in the new one again for nearly part of a year and looked Revive again this weekwith Thomas Kurian – the CEO of Google Cloud – in Europe at the moment. (Assault Rapport, Wiz’s CEO in San York, is currently in Israel.)
Last year, Google offered buy wiz for 23 billionBut they suit you suit, sources say for the antitrust, autonomy of the Wiz autonomy for the development under the Google and potentially the price label also. At the time of business talks, Wiz was assessed at $ 12 billion.
Not after the trait has fallen, wiz has a secondary sale in a $ 16 billion rating. The rumors were that was in the fundraising process in a even higher number. And business has grown, with company to the company of $ 500 million in array and track to double this year to $ 1 billion.
Last year on the stage to disruptRappear has not clining the possibility of a purchasion in the future, but also be confirmed that he was fell as “the torra decision ever” but also the choice. ‘
On a purely financial result, it looks like its instinct is held true.
More to come.