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What will be Wiz's valuation after the acquisition by December 31, 2024?
3
Resolution / Starting Odds
Less than $20 billion • 25%
$20 billion to $25 billion • 25%
$25 billion to $30 billion • 25%
More than $30 billion • 25%
Financial reports and valuation assessments from major financial analysts
Story
Google Nears Largest-Ever $23 Billion Acquisition of Cybersecurity Startup Wiz
Jul 14, 2024, 06:03 PM
Google's parent company, Alphabet, is in advanced negotiations to acquire the Israeli cybersecurity startup Wiz for approximately $23 billion, as reported by the Wall Street Journal. This acquisition would mark the largest in Google's history, significantly surpassing its previous acquisitions. Wiz, which was last valued at $12 billion, has shown remarkable growth, reportedly achieving close to $400 million in annual recurring revenue (ARR) and growing at a rate of 120%. The acquisition aligns with Google's strategy to bolster its cloud security offerings and represents a significant move in the cybersecurity sector.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Less than $500 million • 25%
$500 million to $750 million • 25%
$750 million to $1 billion • 25%
More than $1 billion • 25%
Less than $20 billion • 25%
$20 billion to $23 billion • 25%
$23 billion to $25 billion • 25%
More than $25 billion • 25%
Yes, at $23 billion • 25%
Yes, but for less than $23 billion • 25%
Yes, but for more than $23 billion • 25%
No, the acquisition does not complete • 25%
Less than $2.5 billion • 25%
$2.5 billion to $3 billion • 25%
$3 billion to $3.5 billion • 25%
More than $3.5 billion • 25%