Google to acquire cloud security firm Wiz for $32 billion

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Google to acquire cloud security firm Wiz for $32 billion

Investing.com - Google said today it entered into a definitive agreement to acquire Wiz, a prominent cloud security platform, for $32 billion in an all-cash deal.

Google-parent Alphabet (NASDAQ:GOOGL)'s shares were unchanged in premarket trade Tuesday.

The transaction, which is subject to customary closing adjustments, will integrate Wiz into Google Cloud once completed.

The company said the acquisition is a strategic move by Google Cloud to enhance its security capabilities and address the increasing need for multi-cloud strategies in the era of artificial intelligence (AI).

As cloud computing and cybersecurity industries continue to expand, the demand for robust security solutions to protect against evolving threats and maintain national security is becoming more critical.

Wiz's platform is known for its user-friendly interface and its ability to connect with all major cloud services and coding environments, helping to prevent cybersecurity incidents.

The merger is expected to result in a comprehensive security platform that addresses the design, operation, and automation of security in the AI era.

Wiz's products will remain operational and accessible across major clouds, including Amazon (NASDAQ:AMZN) Web Services, Microsoft (NASDAQ:MSFT) Azure, and Oracle (NYSE:ORCL) Cloud.

Google Cloud will also offer a selection of partner security solutions through the Google Cloud Marketplace.

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Google said today it entered into a definitive agreement to acquire Wiz, a prominent cloud security platform, for $32 billion in an all-cash deal.\nGoogle-parent Alphabet (NASDAQ:GOOGL)...</p>\n\n<a href=\"https://finance.yahoo.com/news/google-acquire-cloud-security-firm-130641547.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0316494557.USD","symbol_name":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/google-acquire-cloud-security-firm-130641547.html","article_id":"2520167291","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520167291","pubTimestamp":1742303201,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investing.com - Google said today it entered into a definitive agreement to acquire Wiz, a prominent cloud security platform, for $32 billion in an all-cash deal.Google-parent Alphabet 's shares were unchanged in premarket trade Tuesday.The transaction, which is subject to customary closing adjustments, will integrate Wiz into Google Cloud once completed.The company said the acquisition is a strategic move by Google Cloud to enhance its security capabilities and address the increasing need for multi-cloud strategies in the era of artificial intelligence .As cloud computing and cybersecurity industries continue to expand, the demand for robust security solutions to protect against evolving threats and maintain national security is becoming more critical.Wiz's platform is known for its user-friendly interface and its ability to connect with all major cloud services and coding environments, helping to prevent cybersecurity incidents.The merger is expected to result in a comprehensive secu","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","QLD":"纳指两倍做多ETF","LU1181866309.USD":"摩根大通环球策略总报酬基金A (acc)","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","USJW.SI":"ALPHAB 3xLongSG261006","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","TSYW.SI":"TESLA 3xLongSG261006","SQQQ":"纳指三倍做空ETF","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","USAW.SI":"AMZN 3xLongSG261006","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","PSQ":"纳指反向ETF","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU1127390331.HKD":"AB SICAV I - 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Google said today it entered into a definitive agreement to acquire Wiz, a prominent cloud security platform, for $32 billion in an all-cash deal.\nGoogle-parent Alphabet (NASDAQ:GOOGL)'s shares were unchanged in premarket trade Tuesday.\nThe transaction, which is subject to customary closing adjustments, will integrate Wiz into Google Cloud once completed.\nThe company said the acquisition is a strategic move by Google Cloud to enhance its security capabilities and address the increasing need for multi-cloud strategies in the era of artificial intelligence (AI).\nAs cloud computing and cybersecurity industries continue to expand, the demand for robust security solutions to protect against evolving threats and maintain national security is becoming more critical.\nWiz's platform is known for its user-friendly interface and its ability to connect with all major cloud services and coding environments, helping to prevent cybersecurity incidents. \nThe merger is expected to result in a comprehensive security platform that addresses the design, operation, and automation of security in the AI era.\nWiz's products will remain operational and accessible across major clouds, including Amazon (NASDAQ:AMZN) Web Services, Microsoft (NASDAQ:MSFT) Azure, and Oracle (NYSE:ORCL) Cloud.\nGoogle Cloud will also offer a selection of partner security solutions through the Google Cloud Marketplace.\nRelated Articles\nGoogle to acquire cloud security firm Wiz for $32 billion\nFactbox-Google parent Alphabet's biggest ever buyouts\nAlphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0}}}