Google acquires Wiz in $32 billion deal to boost cloud security 

The deal, which is subject to customary closing adjustments and regulatory approvals, will see Wiz integrated into Google Cloud upon completion.

The acquisition will help Google address two critical trends in the AI era: enhanced cloud security and the growing demand for multi-cloud solutions.

According to Google, as organizations increasingly adopt cloud services and leverage AI, the need for robust cybersecurity measures has become paramount to defend against emerging risks and safeguard national security.

Wiz, known for its innovative and user-friendly security platform, connects seamlessly to all major cloud environments and code repositories, helping organizations prevent cybersecurity incidents.

The integration of Wiz into Google Cloud is expected to provide an end-to-end security platform for organizations of all sizes in the AI era; scale cybersecurity teams through automation; reduce the cost of implementing and managing security controls; and protect against AI-driven threats, prevent breaches, and improve incident response efficiency.

Commenting on the deal, the CEO of Google and Alphabet, Sundar Pichai, emphasized the strategic importance of the acquisition, stating:

“From its earliest days, Google’s strong security focus has made us a leader in keeping people safe online. Today, businesses and governments that run in the cloud are looking for even stronger security solutions and greater choices in cloud computing providers. 

“Together, Google Cloud and Wiz will turbocharge improved cloud security and the ability to use multiple clouds.”

Co-founder and CEO of Wiz, Assaf Rappaport, expressed enthusiasm about the deal, noting that Wiz and Google Cloud are fully committed to continue supporting and protecting customers across all major clouds, helping keep them safe and secure wherever they operate.

“This is an exciting moment for our company, but an even more important one for customers and partners, as this acquisition will bolster our mission to improve security and prevent breaches by providing additional resources and deep AI expertise,” he added.