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Alphabet is set to acquire Israeli startup Wiz for $32 billion, marking its largest deal to date, as it aims to enhance its cybersecurity offerings within the cloud computing sector. The acquisition, expected to close in 2026 pending regulatory approvals, will allow Wiz to continue serving clients across various cloud platforms, addressing potential antitrust concerns. Despite Alphabet's stock dip, analysts suggest the high price reflects Wiz's significant growth and the increasing demand for cybersecurity solutions.
Dave Wagner
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Alphabet acquires Israeli startup Wiz for 32 billion dollars in cash
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