The Acquisition Could Bolster Alphabet’s Cloud Business and Strengthen its Cybersecurity Offerings as Regulatory Scrutiny Looms Over Tech Giants. In a strategic move that could reshape its position in the rapidly growing cybersecurity market, Alphabet, the parent company of Google, is reportedly nearing a $30 billion acquisition deal with cybersecurity startup Wiz. This potential buyout, first reported by The Wall Street Journal on Monday, would significantly bolster Alphabet’s cloud infrastructure business and its expanding cybersecurity division. Wiz’s Expertise in AI-Powered Cloud SecurityFounded with the mission to provide cloud-based cybersecurity solutions, Wiz leverages advanced artificial intelligence to help businesses identify and … Continue reading Google Parent Alphabet Nearing $30 Billion Deal to Acquire Cybersecurity Startup Wiz