Google’s father or mother firm Alphabet could be on the verge of constructing its greatest acquisition ever.

The Wall Road Journal experiences that Alphabet is in superior talks to accumulate Wiz for round $23 billion. Whereas the deal isn’t finalized, the WSJ says it may come collectively quickly. Wiz provides an all-in-one strategy to cloud safety, ingesting information from Amazon Net Companies, Microsoft Azure, Google Cloud, and different cloud platforms, then scanning all of it for safety danger elements.

Presumably, Alphabet executives see the deal as a solution to fortify Google’s cloud enterprise, which grew 28% to $9.57 billion within the first quarter of this yr.

Neither Google nor Wiz instantly responded to TechCrunch’s requests for remark.

This report comes simply two months after Wiz introduced elevating a $1 billion Sequence E at a $12 billion valuation. Based 4 years in the past by former Microsoft workers Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik, Wiz has raised a complete of $1.9 billion.

On the time of its most up-to-date funding, the corporate mentioned it had $350 million in annual recurring income. It gave the impression to be on-track to roll-up smaller safety startups by acquisitions, and ultimately to go public, however it might discover a completely different path as a part of Alphabet.

The corporate’s buyers embody Andreessen Horowitz, Lightspeed Enterprise Companions, Thrive, Greylock, Wellington Administration, Cyberstarts, Greenoaks, Howard Schultz, Index Ventures, Salesforce Ventures, and Sequoia Capital.