Radiocor News

Alphabet shares rise as Google reportedly near to buying Wiz

Shares up 1% in early trade (Il Sole 24 Ore Radiocor) - New York, 15 Jul - Shares in Alphabet were higher in early trade after a report its subsidiary Google is in advanced talks to buy cybersecurity firm Wiz for around 23 billion dollars.

A deal could come together soon, assuming the talks do not fall apart, the Wall Street Journal reported, citing people familiar with the matter.

The acquisition could help boost Alphabet's efforts in cloud computing, an important and growing business but one where it has lagged behind peers, the paper said.

At 1355 GMT Alphabet shares were up almost 1%.

AAA-Sje

(RADIOCOR) 15-07-24 16:02:50 (0457) 5 NNNN

 


The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.


You will be redirected in five seconds.