💨 Abstract

Google acquired Israeli cybersecurity firm Wiz for $32 billion, up from an original $23 billion offer, after negotiations resumed following the inauguration of U.S. President Donald Trump. The change at the White House and the prospect of a friendlier antitrust review under Trump were key factors in the deal. The revised offer included a higher reverse breakup fee of over $3.2 billion, a sum not commonly seen in U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖