Google to acquire cloud security startup Wiz for $32 billion
- Google has agreed to acquire Wiz for $32 billion in an all-cash deal, marking its largest acquisition ever.
- The deal, which is subject to regulatory approval, will integrate Wiz into Google Cloud to enhance security services.
- Wiz, founded in 2020, specializes in cloud security and has major clients including Salesforce and Slack.
- The acquisition is viewed as a significant move in the competitive landscape with Microsoft and Amazon.
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Google to buy cybersecurity company Wiz
Google said it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure. The all-cash deal brings Wiz into the Google Cloud operation, boosting the capacity of consumers to use "multiple clouds" and providing "an end-to-end…
'Strapping a Rocket to Our Backs': What Is Wiz? Here's What to Know About Google's Largest Acquisition Ever.
Google announced on Tuesday that it is acquiring cybersecurity firm Wiz for $32 billion, marking the biggest purchase in the company's 26-year history.
Google to buy cybersecurity firm Wiz for $32B US in company's biggest ever deal
Google's parent company, Alphabet, has struck a deal to buy cybersecurity firm Wiz for $32 billion US in what would be the tech giant's biggest-ever acquisition, a move which comes at the same time it's facing a potential breakup of its internet empire.
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