Alphabet (GOOGL) may be shopping again.
The tech giant and Google parent company is once again considering the acquisition of cybersecurity software provider Wiz, according to a Monday report from The Wall Street Journal that valued a potential deal at $30 billion.
The story, which cited people familiar with the matter, said a deal “could come together soon.” The latest news follows last year’s reports of a possible deal between the companies—at a lower price tag, but which didn’t result in a transaction.
Neither Alphabet nor Wiz immediately responded to Investopedia’s request for comment.
An acquisition would be Alphabet’s biggest ever. Wiz executives last year said that, with a deal apparently off the table, the company would instead target an IPO. The original deal may also have been set aside amid concerns of regulatory scrutiny.
Shares of Alphabet fell less than 1% in Monday’s session. They’re down about 12% for the year so far.
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