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Prediction: Wiz Will Be a Game-Changing Acquisition for Alphabet
GOOGAlphabet(GOOG) The Motley Fool·2025-03-21 07:55

After trying and failing to acquire Wiz last year, Alphabet (GOOGL -0.65%) (GOOG -0.72%) has reached a deal to buy the fast-growing cybersecurity company. It is paying a steep price of 32billion,upfromthethe32 billion, up from the the 23 billion it offered last year. It will also pay Wiz employees $1 billion in retention bonuses. Wiz backed out of the deal last year over antitrust concerns, but expects a more favorable environment under the Trump administration.In my view, this deal looks like a game changer for Alphabet. Let' ...