The chief executive of cloud security company Wiz, which is reportedly in advanced acquisition talks with Google-parent Alphabet, weighed in on Monday about the consolidation he predicted is coming to the cybersecurity market.
While he declined to comment on whether his own company was in talks with Alphabet over a reported potential $23 billion acquisition, Assaf Rappaport, Wiz CEO and cofounder, said that the industry was fragmented and that M&A was only just starting to ramp up.
