Infobip Must Keep Reinventing Itself
Izabel Jelenić, CTO of Infobip, says its progress cannot be explained by one event or one business decision.
Alphabet is finishing plans to buy Israeli cybersecurity startup Wiz for $23 billion. If the deal gets realized, it would be the company’s largest acquisition.
Wiz, established in Tel Aviv and now based in New York, provides cybersecurity products including AI-powered threat detection and responses to some of the biggest corporations including Microsoft, Amazon, Morgan Stanley, and Shell. Alphabet would mostly pay cash and a deal could come together soon, according to a source.
Wiz has raised $2 billion in funding and is valued at around $12 billion. Earlier this year, the startup acquired cloud detection and response specialist Gem Security for $350 million. Alphabet has stepped up its cybersecurity portfolio in recent years, spending $5.4 billion to acquire specialist Mandiant in 2022.
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