Google, which became one of the worlds most valuable companies through its search engine and other consumer internet services, is nearing its largest-ever acquisition to improve what it can offer to business customers. <\/p>\n
Google is in talks to buy Wiz, a New York-based cybersecurity start-up, according to three people with knowledge of the discussions, who were not authorized to discuss them. Wiz was last valued at $12 billion. <\/p>\n
The companies have valued the deal at roughly $23 billion, said one of the people, easily making it Googles most expensive acquisition and nearly double what the company paid for Motorola Mobility in 2012. <\/p>\n
While a deal looks likely, talks could still fall apart, the people said. <\/p>\n
Google and Wiz did not respond to requests for comment. The Wall Street Journal earlier reported that the companies were discussing a deal. <\/p>\n
Google has moved forward with negotiations despite the possibility that regulators might try to block the deal. But the company may be willing to fight to beef up its cloud-computing division, which lags behind Amazon Web Services and Microsoft Azure. <\/p>\n
Google was sued by the Justice Department in two separate antitrust cases, one targeting its ubiquitous search engine and another seeking to break up its digital advertising-technology business. A verdict in the search case is expected this summer. <\/p>\n
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Google Close to Its Biggest Acquisition Ever, Despite Antitrust Scrutiny - The New York Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Google, which became one of the worlds most valuable companies through its search engine and other consumer internet services, is nearing its largest-ever acquisition to improve what it can offer to business customers. Google is in talks to buy Wiz, a New York-based cybersecurity start-up, according to three people with knowledge of the discussions, who were not authorized to discuss them. Wiz was last valued at $12 billion. Continue reading