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Category: Cloud Security, Security, Technology Industry

Alphabet in advanced talks to buy Israel’s Wiz, expanding cloud security reach

Alphabet is in advanced negotiations to acquire Israeli cybersecurity firm Wiz for over $30 billion, a move that could significantly expand its footprint in cloud security and mark its largest acquisition to date, The Wall Street Journal reported. The latest bid exceeds Alphabhet’s previous $23-billion bid by roughly a third. Wiz had rejected the earlier…