Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, according to a person familiar with the matter who said a deal is expected to close “soon.”
Wiz was founded in 2020, and has grown at a rapid clip under CEO Assaf Rappaport. It had been eyeing an IPO as recently as May, when the company achieved a valuation of $12 billion.
A representative for Wiz declined to comment. Google did not return a request for comment.
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