Google reportedly plans to acquire cybersecurity startup Wiz for $23 billion, making it the largest acquisition in its history
德行天下853
发表于 2024-7-15 18:45:06
1179
0
0
Google's parent company Alphabet plans to acquire cybersecurity unicorns for $23 billion.
On July 14th local time, according to foreign media reports, Alphabet (Nasdaq: GOOGL), the parent company of Google, has started negotiations to acquire Wiz, a cybersecurity startup. The total amount of this transaction may reach up to $23 billion, which is expected to become Google's largest acquisition to date. According to insiders, this deal may be reached soon, but there are still many details that have not been resolved, and negotiations may also fail.
Public information shows that Wiz, an Israeli cloud security company, was founded in 2020 by a former member of Microsoft's cloud security team. It is headquartered in New York and has over 900 employees spread across the United States, Europe, and Asia. Wiz is committed to cloud native security, helping enterprises protect their cloud infrastructure on a large scale, providing the first cloud visibility solution for enterprise security, and has partnered with multiple cloud service providers such as Microsoft and Amazon.
According to Wiz, the company generated approximately $350 million in revenue in 2023. In May of this year, Wiz was valued at $12 billion in its latest round of financing, with investors including well-known institutions such as Andreessen Horowitz, Lightspeed Ventures, and Thrive Capital. There were rumors that Wiz planned to acquire a smaller cybersecurity startup and eventually go public, but in the face of Google's acquisition agreement, Wiz may have changed its plan.
Analysis suggests that Google has been increasing investment in its cloud business, including providing customers with AI (artificial intelligence) tools with stronger generation capabilities. The acquisition of Wiz may help Google catch up with its competitors in the increasingly competitive cloud computing market. As more and more AI related startups move their applications and data to the cloud, opportunities in this field are also growing.
Although Google still lags behind Microsoft and Amazon in this field, the company's first quarter financial report released in April this year, ending on March 31, showed that cloud business revenue increased from $7.454 billion in the same period last year to $9.574 billion, a year-on-year growth of over 28%, returning to the growth rate of the first two quarters of 2023.
In recent years, Google has been relatively conservative in its acquisitions, with only a few large acquisitions. In 2022, Google spent $5.4 billion to acquire cybersecurity company Mandiant. In 2012, it acquired Motorola Mobility Holdings Limited for $12.5 billion.
However, just last week, there were reports that Google had shelved its acquisition of HubSpot, an online marketing software company, perhaps due to the company facing strict scrutiny from antitrust agencies in Europe and America. Therefore, the acquisition of Wiz may also be affected by similar concerns.
Last January, the US Department of Justice filed an antitrust lawsuit against Google for allegedly monopolizing digital advertising technology. In January of this year, the Federal Trade Commission (FTC) issued investigative orders to five companies, including Google's parent company Alphabet, requesting information on recent investments and partnerships between generative AI companies and major cloud service providers. In March of this year, the European Union announced investigations into Alphabet, Apple, and Meta, marking the first time the EU has applied the Digital Markets Act (DMA), an antitrust law that came into effect on March 7th.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- YY Live Becomes Hot, and Baidu's Biggest Acquisition Case in History Blows Away
- Industry shock! Alibaba Cloud suddenly announced the largest price reduction in history!
- Related to 6 companies including Tesla, latest announcement →
- Former Vice President of Baidu, Qu Jing, registered a new company before resigning? Former assistant Zou Shaohuan becomes a partner
- Domestic CAR-T enterprise Legendary Biology's first quarter losses narrowed, and the company is expected to achieve profitability in 2026
- Taobao launches live streaming full hosting service for corporate CEOs
- Baidu's big model ERNIE 4.0 Turbo is fully open to enterprise users
- Luckin Coffee and 6 other coffee companies were interviewed
- The biggest iPhone 16 in history is here! Add quantity without adding price
- Kanye's shopping receipts have been exposed! Miniso is suspected of leaking privacy, and the company has responded
-
9月が終わり、映画・テレビ業界が暗躍している。最近、愛奇芸の創始者でCEOのGONG宇氏は、映画・テレビ業界が長短の変化、AIの変化、中国映画・テレビドラマの海外進出の変化の3つの変化を経験していると発表した。 ...
- 寒郁轩良
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
10月1日、理想自動車が9月に納入したデータによると、9月に理想自動車が新車53709台を納入し、前年同月比48.9%増となった。 今年第3四半期、理想自動車は前年同期比45.4%増の152831台を納入した。今年9月30日現在、 ...
- 就放荡不羁就h
- 昨天 12:06
- 支持
- 反对
- 回复
- 收藏
-
ネットワーク状況監視サイトDownDetectorによると、オーディオストリーミングプラットフォームSpotifyは日曜日に約3時間にわたる障害を経験した後、正常に回復し、ピーク時には米国の4万人以上のユーザーに影響を与 ...
- hecgdge4
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
10月1日、極クリプトン自動車が発表したデータによると、今年第3四半期に新車が累計14万2900台納入され、前年同期比81%増となった。このうち、9月に新車を納入したのは2万13万人で、前年同期比77%、前月比18%増だっ ...
- 内托体头
- 前天 16:17
- 支持
- 反对
- 回复
- 收藏