Google Purchasing Wiz for $ 32 Billion


Google has reached an agreement with Wiz to get the start of Cloud Cybersecurity.

Tech giant will pay $ 32 billion to own Wiz, “According to closing arrangements” Alphabet owned Google He said on Tuesday.

In order to direct Wiz's purchase, Wiz, antitrust approvals and an initial public offer, it comes after rejecting the $ 23 billion offer from the alphabet.

Google logo

Toronto, Ontario, Canada – 2024/07/29: Google logo in the skyscraper in Downtown region. (Picture by Roberto Machado Noa / Lightrocket via Getty Images / Getty Images)

This Cloud Cybersecurity Startup According to Google, Google will be under the cloud after the contract is concluded. The procurement is expected to happen in 2026.

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“From the earliest days, Google's strong security was the leader in keeping people safe on the Internet. Today, the clouds and governments are looking for more powerful safety solutions and a greater choice in cloud computing providers” Google CEO Sundar Pichai said in a statement. “Together, Google will develop cloud and wiz, cloud safety and ability to use multiple clouds.”

Weasing Wiz, Google's CloudGpt, such as CloudGpt, helps to better compete in an industry in an industry that helps to compete in an industry, it will help you to better compete in clouds to better compete.

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Wiz CEO AssAF Rappaport said on Tuesday To join Google Cloud Cloud Kyberecurity will help you to accelerate the work and update.

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“Being a part of Google Cloud, it effectively hits a rocket in our backs: this will speed up our speed than we can achieve as a standalone company,” he said.

Wiz logo

Ukraine – 2024/02/16: The Wiz logo in this photo illustration is seen in a smartphone and background. (Pavlo Gonchar / Sopa Images / Images / Lightrocket via Getty Images) (Pavlo Gonchar / Sopa Pictures / Lightrockets No pictures / Getty Images)

The starting, Amazon web services, which is a $ 12 billion assessment of $ 12 billion last year, along with Microsoft Azure, works with Morgan Stanley and LVMH LVMH in BMW and Luxury Powerhouse LVMH.

After the operation, Wiz will still offer clouds like their products Aws, Azure and Oracle CloudAccording to Wiz and Google.

Google logo

File photo: Google logo, Las Vegas, Nevada, on January 10, 2024, Nevada, 2024, in 2024, in 2024, a Google logo in the commercial show of consumer electronics. Reuters / Steve Marcus / File Image / File Pictures (Reuters / Steve Marcus / File picture / file Images / Reuters pictures)

Google's agreement with Wiz is marked by the latest purchase of the Tech giant cyber's cyberriety company, bringing it under the umbrella a few years ago. This deal was worth $ 5.4 billion.

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Google Cloud's Google Threatening Intelligence, Google Security Operations and Other Security Offers through the Security Command Center, have an investor presentation on Tuesday.

Rapapport created a Wiz created with Ami Luttwak, Yinon Costica and Roy Reznik in the early 2020. Now 5 million clouds protect the workload and according to the website, daily daily, daily protect the 230 billion files daily.

Reuters contributed to this report.



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