Google has announced a definitive agreement to acquire Wiz, a prominent cloud security platform based in New York, for $32 billion in an all-cash transaction, subject to closing adjustments. Upon completion of the agreement, Wiz will become part of Google Cloud. This acquisition aims to strengthen Google Cloud’s security capabilities and support the growing adoption of multi-cloud environments. With the increasing use of artificial intelligence and cloud services, cybersecurity has become more critical in addressing emerging threats and protecting sensitive information. Wiz’s platform offers security solutions across major cloud providers, including Amazon Web Services, Microsoft Azure, and Oracle Cloud, allowing organizations to prevent cybersecurity incidents effectively.
Google Cloud plans to integrate Wiz’s technology to improve security operations, automate processes, and reduce the cost of managing security controls. This collaboration will also enhance protection against new threats driven by AI advancements while promoting the use of multiple cloud platforms. Both companies are committed to maintaining compatibility with existing cloud services and providing customers with a broad selection of security solutions. According to Google CEO Sundar Pichai, the acquisition will advance cloud security and expand choices for businesses and governments. Wiz’s CEO, Assaf Rappaport, expressed confidence that joining Google Cloud will further its mission to prevent security breaches while delivering innovative solutions to customers worldwide.
