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Google acquires cybersecurity firm Wiz for $32 billion
It’ll be Google’s most expensive deal to date if it goes ahead.
“Becoming part of Google Cloud is effectively strapping a rocket to our backs: it will accelerate our rate of innovation faster than what we could achieve as a standalone company.” This deal will still face scrutiny, but Alphabet and Wiz will hope that the current US administration and new Federal Trade Commission (FTC) chair Andrew Ferguson, will take a lighter touch. The Wiz purchase is the latest of several acquisitions that Google has made in recent years as it attempts to bolster security for its cloud computing customers.
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