Google is close to making its biggest acquisition ever | CNN Business (www.cnn.com)

submitted 3 months ago by gedaliyah@lemmy.world to c/technology@lemmy.world

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Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.

A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.

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[-] Grangle1@lemm.ee 4 points 3 months ago

Even the privacy/security people I follow say that despite Big Tech (MS, Google, Apple, etc) being privacy nightmares, they are pretty solid on their security, or at least no less secure than the alternatives. But when you combine efforts to maintain that security with those privacy nightmares, you get what you mention.

this post was submitted on 17 Jul 2024

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