Alphabet’s acquisition of Israeli startup for $32bn follows rejection of takeover bid last summer
Business live – latest updates
Google’s owner, Alphabet, has agreed to buy the cybersecurity group Wiz for $32bn (£24.7bn), the biggest acquisition it has ever made.
The search company’s purchase of the Israeli startup comes as Google attempts to catch its competitors Microsoft and Amazon in the competitive cloud services market.
More Stories
High-rise, high expectations: is Casablanca’s finance hub a model for African development?
Millions of Australian workers to get an above-inflation pay rise as minimum wage lifts by 3.5%
Amazon ‘testing humanoid robots to deliver packages’