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Alphabet acquires cybersecurity startup Wiz in $32b deal
Alphabet, the parent company of Google, has acquired cybersecurity startup Wiz for US$32 billion.
This acquisition is the largest in Alphabet’s history.
The deal surpasses a previous US$23 billion offer made by Google last year.
That offer was postponed due to antitrust concerns. Further details regarding the acquisition have not been disclosed at this time.
Recent Alphabet developments
| Timeline |
|---|
| 18-Mar-2025 🔒 Alphabet nearing deal to acquire Wiz for $30b: sources Alphabet plans to acquire cybersecurity startup Wiz for $30 billion, potentially its largest acquisition ever. |
| 06-Feb-2025 📉 Alphabet stock falls 8% amid rising AI investments Alphabet shares fell over 8% after Q4 results missed revenue forecasts despite a 12% year-over-year growth. |
| 05-Feb-2025 🖥️ Alphabet unveils $75b AI investment plan for 2025 Alphabet plans to invest $75 billion in AI infrastructure by 2025, exceeding previous estimates to upgrade servers and data centers. |
| 04-Feb-2025 📊 Alphabet eyes $50b for AI, cloud as ad growth slows Alphabet will report slowing Q4 revenue growth on Feb. 4, amidst rising competition and $50B planned for cloud and AI. |
| 26-Jan-2025 📈 Alphabet stock hits $200 on AI optimism and growth Alphabet’s stock closes above $200 for the first time, reflecting optimism in AI advancements despite competition and regulations. |
| 23-Jan-2025 🤖 Alphabet’s investment chief warns US AI lead at risk Alphabet’s Ruth Porat warns the US must enhance AI cooperation to stay ahead of China’s rapid advancements in the field. |
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