The person familiar with the deal told the Tech Crunch, saying that Google’s parent company Alfabat Cloud is once again in a high -level conversation to obtain cyber -cloth startwas. Both of these companies were nearing contracting at a cost of $ 23 billion last summer, but Transactions failed Mad. To.
This time, this time, the price that is being discussed is high. About $ 30 billion worth of reported Wall Street Journal.
Thomas Korean, head of Google’s Cloud Division, is once again leading the effort.
Google Cloud has seen the cloud security products as a good fit for its customer base, and the annual repeated revenue (ARR) is also attractive. It is 500 million Million last July, which plans to target $ 1 billion in ARR in 2025, Tech Crunch reported at this time.
Nevertheless, $ 30 billion would be a lot of premium price tags. Waz closed his last funding round billion at a cost of 12 billion billion 1 billion May last The alleged diagnosis was reported to be $ 16 billion in offering the employee tender later last year.
Although he said he did not have a plan to take himself public in 2025, he hired Tanim, Fizle Merchant as a former executive and a chief financial officer of Dream Works. Sometimes hiring CFO services is a sign of making books for a public offer.
According to the Wall Street Journal, one of the reasons for failing to negotiate the two companies was unable to agree that the visits would remain as a separate division or merge into Google Cloud, according to the Wall Street Journal.
The person familiar with the deal said that a high regulatory scrutiny for major transactions during the Biden administration also played a vital role in the breakdown of the deal last summer.
Other investors have told Tech Crunch that they are seeing an increase in M&A activity. In most cases, the return to the negotiating table is linked to the hope that the FTC chair, Andrew Ferguson, will be less banned by a larger transactions than former chair Lena Khan.
The visits based in New York and Israel were founded in 2020 by four former Israeli military officers who had previously laid the foundation of the Cloud Cyroscopility Company, after which Microsoft later acquired. 20 320 million.
Visitors include Anderson Horwoots, cyber -starts, index ventures, Greenox, insight partners and sequatic.
A spokeswoman for the WAW refuses to comment on the contract discussion.