Tag: Acquisition
Wiz turns down Google’s $23B acquisition deal – report (NASDAQ:GOOG)
Alena Kravchenko/iStock Editorial via Getty Images Cybersecurity startup Wiz walked away from a $23B acquisition deal with Google’s parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), according to a CNBC report that cites an internal company memo. The $12B cloud security startup will instead pursue a public offering as previously planned. “Saying no to such humbling offers is tough,” …
Cybersecurity: Microsoft’s Azure woes and Google’s acquisition moves
That cybersecurity and its failures can impact large parts of the world was evident on Friday, when Microsoft’s Azure outage—reported to be on account of CrowdStrike, Azure’s first line of cyber defence—left large numbers of computer users staring at blue screens that did not budge, preventing work. That cybersecurity and its failures can impact large …
Google acquisition target Wiz another fruit of Israel’s military intelligence By Reuters
By Steven Scheer JERUSALEM (Reuters) – An elite Israeli military intelligence unit may once again be about to prove its value to the nation’s tech economy as Google’s parent eyes cybertech company Wiz for an eyewatering $23 billion. Alphabet (NASDAQ:) Inc , a person familiar has said, is in advanced talks to buy Wiz from …
HubSpot sinks after report Google shelved acquisition plans (NYSE:HUBS)
hapabapa HubSpot (NYSE:HUBS) quickly dropped 15% after a report that Google parent Alphabet (GOOGL) abandoned plans to purchase the company. Google and HubSpot (HUBS) never reached a point of detailed talks around due diligence, according to a Bloomberg report on Wednesday, which cited people familiar with the matter. Bloomberg reported in May that Google was …