Google-parent Alphabet is in advanced negotiations to buy Israeli cybersecurity company Wiz with an offer of more than $30 billion, according to a source familiar with the matter, marking its largest potential acquisition to date.

Alphabet Inc. is in talks to purchase cloud-security company Wiz Inc. for $33 billion, restarting discussions that were called off last summer after extended negotiations, according to people familiar with the matter.

The companies didn’t disclose Wiz’s revenue in disclosing the deal and Alphabet didn’t respond to a request for information about that figure. But multiple media outlets have reported that Wiz had $500 million of annual recurring revenue at one point during 2024 and aimed to reach $1 billion in 2025.