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July 19, 2024

Google’s Planned Purchase of a Tech Start-Up Is a Vote of Confidence in the Israeli Economy

The sale of Wiz will set two new records.

On Sunday, the Wall Street Journal reported that Alphabet, the parent company of Google, is in talks to buy the Israeli-led cybersecurity firm Wiz for approximately $23 billion. Should the deal go through, it would be Alphabet’s biggest-ever acquisition, and also set a record for Israeli startups. The company is officially based in New York, but, Sharon Wrobel writes,

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