Google announces $32 billion all cash acquisition of cybersecurity company Wiz

PANews
PANews|Mar 18, 2025 12:39
Google announced that it will acquire cybersecurity company Wiz for $32 billion in all cash. After the acquisition is completed, Wiz will join Google Cloud. Google stated that this acquisition is an important investment in two major growth trends in the era of artificial intelligence - cloud security and multi cloud usage capabilities, aimed at enhancing Google Cloud's competitiveness in the field of network security. Wiz's products will continue to operate normally and be available on all major cloud platforms, including Amazon Web Services, Microsoft Azure, and Oracle Cloud Platform.
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