Tern Share Price (TERN)

4.8m BUY on Fri at £60,000 very significant.

There is constant selling with no buying.

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OTE FOR TERN HOLDERS TO CONSIDER;

You think maybe Microsoft & CyberArk have `given` Device Authority access to 130m customers in order for Device Authority to build revenue to such an extent that a THIRD PARTY can come and offer Device Authority 64 times revenue in a Takeover ????

NO ?? NEITHER DO I.

DA will be purchased. Now the partnership / collaboration has happened they will not continue to be independent for too long. CyberArk or Microsoft will buy. If CyberArk or Microsoft could of replicated what DA have then they would of rather than collaborate and require another company to help provide a major service like they have.

The big question is when and more importantly for Tern shareholders what ownership they will have when it happens. Will DA require another round of funding?? Or are they financially self sufficient now?

Sector consolidation seems to be happening in the Cyber Security Sector. The bid by GOOGLE for Wiz at $30Bn suggests that Google fear the Microsoft/CyberArk/Device Authority Partnership and Google are Strengthening their own, Cyber security offering.

This bid by Google is very relevant to the sector.

FILE PHOTO: Alphabet logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

FILE PHOTO: Alphabet logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

© Thomson Reuters

(Reuters) -Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, the Wall Street Journal reported on Monday, in what could be the tech giant's largest deal ever.

A deal could come together soon, granted the talks don't hit last-minute snags, the report said, citing people familiar with the matter.

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Wiz had called off a $23-billion deal with Alphabet last year to focus on its initial public offering.

The startup provides cloud-based cybersecurity solutions powered by artificial intelligence that help companies identify and remove critical risks on cloud platforms.

(Reporting by Zaheer Kachwala and Seher Dareen in Bengaluru; Editing by Pooja Desai)