Google is closing in on its biggest deal: a New York startup that's less than 4 years old

Assaf Rappaport, CEO of Wiz, at Web Summit 2021 in Lisbon,
Portugal.Harry Murphy/Getty Images

Alphabet is closing in on a deal to buy Wiz, a cloud cybersecurity startup, for about $23 billion, The Wall Street Journal reported. 

Unnamed sources said the Google owner is in advanced talks to buy the four-year-old company, and a deal is imminent if talks don't fall apart. 

Wiz would be Google's largest acquisition, worth more than double the $12.5 billion it paid for Motorola Mobility in 2011. 

Alphabet has traditionally been cautious about large acquisitions. Its $2.1 billion acquisition of fitness company FitBit in 2021 previously faced regulatory scrutiny before being approved.

Full story at Yahoo news.

By Lloyd Lee,Beatrice Nolan.