The all-cash deal is set to boost Alphabet’s profile in the cloud computing market, a space currently led by Amazon and Microsoft.

Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, according to people familiar with the matter. A deal would be Google’s largest ever and could come together soon,

Wiz was founded only five years ago but offers an increasingly important cloud-security service as cyber risks grow.

The venture capital firms that invested in cybersecurity firm Wiz, which agreed to a $32 billion buyout by Google's parent Alphabet, stand to reap returns as high as 200 times for seed investors, among them Sequoia Capital,

Google has agreed to buy cybersecurity platform Wiz for $32 billion. Back in 2024, Google offered $23 billion for Wiz, which would already have made it the company’s largest acquisition.