Mergers and Acquisitions

Google Acquires Startup Wiz for $32B to 'Turbocharge Improved Cloud Security’

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Google Acquires Startup Wiz for B to 'Turbocharge Improved Cloud Security’

Image: Wiz Google has announced it is acquiring cybersecurity startup Wiz for $32 billion. The acquisition is parent company Alphabet’s largest to date, more than doubling its previous record-breaking $12.5 billion purchase of Motorola Mobility in 2012. The company appears to have pursued this deal aggressively due to the growing demand for secure cloud services. The surge in generative AI has prompted tech companies to rush for cloud infrastructure, while major security incidents, such as…

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Proofpoint To Acquire Email Security Company Tessian | CRN

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Proofpoint To Acquire Email Security Company Tessian | CRN

Security News Kyle Alspach October 30, 2023, 12:05 PM EDT The AI-driven email security platform from Tessian is now set to become part of Proofpoint’s email data loss prevention offering. Proofpoint has reached an agreement to acquire email security company Tessian, the company said Monday. Tessian’s AI-driven email security platform is now set to become part of Proofpoint’s email data loss prevention (DLP) offering. [Related: Cybersecurity Startup Acquisitions In…

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