Google owner Alphabet is in advanced discussions to buy fast-growing cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter confirmed to CNN.
A takeover of Wiz, which makes cybersecurity software for cloud computing, would represent a major bet by Google on cybersecurity, marking the tech giant’s biggest-ever acquisition.
How is it legal for Google to acquire anything at this point?
Well technically it’s not Google, it’s their mother company Alphabet. Tons of companies are built up like this.
I get what you are implying but it’s quite the norm.