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A peek at the tech giant's biggest acquisitions discussed in Google-Wiz deal talks 😊

A peek at the tech giant’s biggest acquisitions discussed in Google-Wiz deal talks 😊

Google’s Big Acquisitions: A Closer Look

Google parent Alphabet is reportedly in talks to acquire a New York-based cybersecurity startup for nearly $23 billion. This move is part of Google’s strategy to compete with rivals Amazon Web Services and Microsoft Azure in the cloud-computing space. If the deal goes through, it will mark Google’s largest acquisition to date, almost double the amount it paid for Motorola Mobility back in 2012.

Key Acquisitions by Google

  • Mandiant: In 2022, Google purchased cybersecurity firm Mandiant for $5.4 billion to enhance its cloud services. Mandiant was integrated into Google Cloud to help organizations better manage threats and incidents.
  • Siemplify: Google also acquired Israeli cybersecurity startup Siemplify in 2022 to bolster its security offerings in response to increasing cyber attacks. The deal, valued at around $500 million, aimed to strengthen Google’s position in the security market.
  • Fitbit: Google completed the acquisition of health wearables company Fitbit for $2.1 billion in January 2021, expanding its presence in the health tech sector.
  • Looker: Google acquired data analytics startup Looker for $2.6 billion in February 2020, marking its first major acquisition under Google Cloud’s leadership.
  • Nest Labs: Google bought Nest Labs for $3.2 billion in 2014, adding smart home devices to its portfolio.

Previous Mega Acquisitions

  • Waze: Google acquired mapping company Waze for $1.15 billion in 2013, enhancing its navigation and mapping services.
  • Motorola Mobility: Google’s largest acquisition to date was Motorola Mobility for $12.5 billion in 2012. The rationale behind the deal was questioned by analysts, and Google later sold Motorola to Lenovo for a fraction of the purchase price.

Hot Take: Google’s Bold Expansion Moves🔥

Google’s recent talks to acquire a cybersecurity firm and its history of major acquisitions reflect the tech giant’s ambitious growth strategy. By investing billions in expanding its cloud, security, and health tech capabilities, Google aims to stay competitive in the rapidly evolving tech landscape.

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A peek at the tech giant's biggest acquisitions discussed in Google-Wiz deal talks 😊