Google has made its largest acquisition to date, signing a $32 billion all-cash deal to acquire cybersecurity startup Wiz. The move signals an aggressive expansion of Google's cloud business, marking a sharp turn from its traditional focus on search and online advertising. While the deal has been praised for its strategic value, it also raises significant questions about regulatory hurdles and Google's ability to compete with Microsoft in the cybersecurity space.
This acquisition easily surpasses Google's previous record-breaking purchase of Motorola Mobility for $12.5 billion in 2012. Despite its immense valuation, Wiz remains relatively unknown to consumers. However, among enterprises, Wiz has built a strong reputation as a leading cloud security provider, offering a platform that ena
Google Just Went All-In on Cybersecurity. Will It Work?
- By Anshika Mathews
- Published on
The pace and impact of breaches are accelerating. A.I. brings new risks, but also new opportunities.
