Information Week: Could Google’s $23B Wiz Deal Fuel M&A Boom, Refresh Israel Controversy?
Google parent Alphabet’s reported $23 billion bid for cybersecurity cloud software firm Wiz would be company’s largest ever acquisition, and could shake up things for the mergers and acquisitions landscape, which saw a sluggish tech market in 2023.
But a deal could spark could also spark fresh protests that saw workers fired over the company’s contracts with the Israeli government amid the Gaza War. Wiz was founded in Israel and now has headquarters in New York — most of its engineering workforce still works out of Tel Aviv. With a global headcount of about 900 (150 working in Israel), Wiz said it plans to add another 400 people to its headcount, according to a February report from The Times of Israel.
Read the full article, and Dr. Chris Pierson’s thoughts, here.