Google’s agreement to buy cloud security startup Wiz will face antitrust scrutiny amid Alphabet’s ongoing legal battles.
Google has announced it is acquiring cybersecurity startup Wiz for $32 billion. The acquisition is parent company Alphabet’s largest to date, more than doubling its previous record-breaking $12.5 billion purchase of Motorola Mobility in 2012. The company appears to have pursued this deal aggressively due to the growing demand for secure cloud services.
The surge in generative AI has prompted tech companies to rush for cloud infrastructure, while major security incidents, such as last year’s CrowdStrike outage, have heightened concerns. Wiz’s software incorporates AI-powered security features that identify critical risks in cloud infrastructure, allowing developers to remediate them before they become an issue.
If Wiz’s products are integrated, Google Cloud could gain a significant advantage in a market where it has historically fallen behind Amazon Web Services and Microsoft Azure. In Google’s announcement about the acquisition, it said Wiz will provide its customers with improved and lower-cost security for multiple cloud and code environments.
Despite the acquisition, Wiz’s products will continue to work and be available across all major clouds, including Amazon Web Services, Microsoft Azure, and Oracle Cloud platforms.
In a press release about this acquisition news, Google Cloud CEO Thomas Kurian stated: “Google Cloud and Wiz share a joint vision to make cybersecurity more accessible and simpler to use for organizations of any size and industry.” And, Alphabet and Google CEO Sundar Pichai noted: “Together, Google Cloud and Wiz will turbocharge improved cloud security and the ability to use multiple clouds.”
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