Google and its parent company Alphabet, Inc. announced a definitive agreement to acquire Wiz, Inc., a leading cloud-security firm, in an all-cash transaction valued at $32 billion, according to a company press release on March 18.
The acquisition, once finalized, will mark Google’s largest purchase in its 25-year history and is expected to bolster its Google Cloud business amid the growing demand for cybersecurity solutions in the AI-driven cloud era.
Wiz, based in New York, provides an intuitive security platform that integrates with major cloud providers, helping organizations prevent cybersecurity incidents. Its customers range from startups to large enterprises and government agencies….