CosmicTaco
CosmicTaco

Google Eyes Record $23 Billion Acquisition of Cloud Security Startup Wiz

  • Google is reportedly planning to acquire Wiz, a cloud cybersecurity startup, for $23 billion, making it the largest acquisition in Google's history.
  • Wiz, based in New York City, offers advanced security tools for enterprise cloud infrastructure, partnering with giants like Amazon and Oracle.
  • The acquisition is seen as a strategic move to bolster Google's cloud security capabilities, especially in light of recent security breaches at Microsoft.
  • Google Cloud's Thomas Kurian is leading the acquisition effort, which follows previous significant investments in cloud security, including the purchase of Mandiant.
  • While the deal appears likely, it faces potential regulatory scrutiny from US authorities, given the current administration's focus on antitrust actions.

Source: The Verge

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5mo ago
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