Google revives talks to acquire Wiz at higher valuation
1. Alphabet is negotiating to acquire cybersecurity startup Wiz for $30 billion. 2. Wiz's annual recurring revenue is expected to reach $1 billion by 2025. 3. Previous deal attempts failed due to integration disagreements and regulatory scrutiny. 4. A CFO hire at Wiz could indicate plans for a public offering. 5. M&A activity is rising with expectations of less regulatory pushback.