Google acquires the Wiz cybersecurity company for $ 32 billion

The mother company of Google, alphabet, announced its greatest acquisitionConcluding an agreement to buy the cybersecurity company based in New York Wiz, making it part of its Google Cloud division. This is the company’s second attempt to buy WIZ after discussions last year died last year at an assessment of $ 23 billion.

AS is a fast growth startup that works with companies like Microsoft and Amazon to provide cybersecurity solutions based on the cloud. The company was Evaluated at $ 12 billion in May 2024, which would have Climbed to $ 16 billion later in the year in an equity supply to employees, and worked towards a first public offer (IPO) during the months which followed the end of the previous acquisition. If the agreement receives regulatory approval, it will easily dedicate $ 12.5 billion paid by Google for Motorola Mobility in 2012.

Google is currently involved in two separate antitrust proceedings with the Ministry of Justice for its search engine And Digital advertising companies. He lost the first but appealed the decision, and a final decision is still expected the second.

Wiz purchase would be the last of several acquisitions that Google has made in recent years when it is trying to strengthen the safety of its Cloud Computing customers. In 2022, Google bought two cybersecurity companies – Siemplify And Mandiant – For $ 500 million and $ 5.4 billion, this last company is better recognized for discovering the Solarwinds Hack. The addition of Wiz to this mixture looks like a targeted effort to tighten Google’s cloud protections in front of less than stellar reputation for cybersecurity.