Summary: Google has announced a billion all-cash acquisition of cloud security company Wiz, marking its largest acquisition to date. Wiz, founded in 2020, specializes in cybersecurity solutions for cloud services, and its products will remain compatible with major cloud platforms like AWS, Microsoft Azure, and Oracle Cloud. The acquisition is aimed at enhancing cloud security amid rising cybersecurity threats targeting cloud environments.
Affected: Google, Wiz
Keypoints :
- Wiz provides cybersecurity tools to detect and manage security risks across cloud environments.
- The acquisition reflects Googleβs increasing focus on strengthening cloud security solutions.
- The deal is subject to regulatory approvals and expected to finalize in 2026.