Unpacking how Alphabet's rumored Wiz acquisition could affect VC
AlphabetAlphabet(US:GOOG) TechCrunch·2024-07-20 18:00

Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week.If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. It would also be a massive exit for a startup at a time when exits, M&A specifically, aren’t rebounding as much as many had predicted heading into 2024. If the deal does get ...