Google to acquire cloud security firm Wiz for $32 billion

Google announced Tuesday that it has signed a definitive agreement to acquire cloud security firm Wiz in a massive $32 billion deal, marking one of the tech giant’s largest acquisitions to date.

“This acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era,” Google said in a statement.

The company emphasized that cybersecurity and cloud computing are rapidly expanding industries with diverse solution offerings, highlighting the strategic importance of strengthening its position in these sectors.

Google pointed to evolving security challenges facing organizations today: “The increased role of AI, and adoption of cloud services, have dramatically changed the security landscape for customers, making cybersecurity increasingly important in defending against emergent risks and protecting national security.”

Wiz, known for its cloud security solutions, provides what Google described as “an easy-to-use security platform that connects to all major clouds and code environments to help prevent cybersecurity incidents.” The platform’s compatibility across cloud environments positions Google to enhance its security offerings for clients using various cloud infrastructures.

The acquisition comes amid growing concerns about cybersecurity threats globally, particularly as more businesses migrate operations to cloud environments and integrate AI technologies.

The deal, subject to regulatory approvals, represents one of the largest security acquisitions in the technology sector.