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  1. Google to buy cybersecurity firm Wiz for $32 billion in record deal

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Google to buy cybersecurity firm Wiz for $32 billion in record deal

Upstox

3 min read | Updated on March 19, 2025, 10:47 IST

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SUMMARY

Wiz, founded in 2020, provides security solutions for major cloud providers and is expected to generate $1 billion in revenue this year.

The fine stems from Google’s refusal to unblock YouTube accounts of pro-Kremlin and state-run media outlets

Google has agreed to acquire New York-based cybersecurity firm Wiz, Inc. for $32 billion.

Google has struck a deal to acquire New York-based cybersecurity firm Wiz, Inc. for $32 billion in what would be the largest acquisition in the tech giant’s history as it seeks to boost its cloud computing arm amid an AI-driven boom.

The all-cash deal will see Wiz integrated into Google Cloud, a fast-growing division that has become a key focus for Alphabet beyond its dominant search and advertising businesses.

Wiz, founded in 2020 by four Israeli entrepreneurs, provides a cloud security platform that protects data across major providers like Amazon Web Services, Microsoft Azure, and Google Cloud itself.

The startup, now headquartered in New York, is projected to generate $1 billion in revenue this year, fueled by the rapid adoption of its tools by enterprises, startups, and governments alike.

The acquisition comes at a pivotal moment for Google, which faces intensifying competition from Microsoft and Amazon in the cloud and AI sectors, as well as potential antitrust scrutiny that could force a breakup of its sprawling operations.

Alphabet reported $350 billion in annual revenue last year, with Google Cloud contributing $43.2 billion—a 64% jump from $26.3 billion in 2022—highlighting the division’s rising importance.

“Google Cloud and Wiz share a joint vision to make cybersecurity more accessible and simpler to use for organizations of any size and industry,” Google Cloud CEO Thomas Kurian said in a statement.

“Enabling more companies to prevent cyber attacks, including in very complex business software environments, will help organizations minimize the cost, disruption and hassle caused by cybersecurity incidents.”

Wiz’s platform, designed to prevent breaches and simplify security management, will remain compatible with all major cloud providers post-acquisition, Google said.

The company also pledged to maintain a broad range of security offerings through its Google Cloud Marketplace.

Sundar Pichai, CEO of Google and Alphabet, called the deal a natural extension of the company’s legacy in online security.

“From its earliest days, Google’s strong security focus has made us a leader in keeping people safe online. Today, businesses and governments that run in the cloud are looking for even stronger security solutions, and greater choice in cloud computing providers. Together, Google Cloud and Wiz will turbocharge improved cloud security and the ability to use multiple clouds,” he said.

Wiz CEO Assaf Rappaport, who co-founded the company with friends he met during his teenage years in the Israeli military, hailed the acquisition as a milestone.

“This is an exciting moment for our company, but an even more important one for customers and partners, as this acquisition will bolster our mission to improve security and prevent breaches by providing additional resources and deep AI expertise,” he said.

The $32 billion price tag dwarfs Google’s previous record acquisition—its $12.5 billion purchase of Motorola Mobility in 2012.

Analysts expect regulators to closely examine the deal, given Google’s market power and the strategic importance of cloud infrastructure.

Upstox

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Upstox
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