Alphabet Inc., Google's parent company, is in talks to acquire startup Wiz Inc. The deal could amount to up to $23 billion. This is reported by foreign media.
The acquisition of Wiz, a cloud technology and cybersecurity company, could help Google catch up with Microsoft and Amazon in the growing competitive cloud technology market.
Alphabet Inc. is a holding company that manages Google Inc and its subsidiaries, as well as a number of startups. The headquarters is located in Mountain View (California, USA).
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