Google to Pay $32 Billion All Cash to Buy Wiz

<p data-block-key&equals;"5pg3r"><strong>MOUNTAIN VIEW and NEW YORK<&sol;strong> &&num;8212&semi; Google has struck a massive deal to acquire Wiz&comma; Inc&period;&comma; a leading cloud security platform headquartered in New York&comma; for a staggering &dollar;32 billion in an all-cash transaction&period; Once closed&comma; Wiz will join Google Cloud&period;<&sol;p>&NewLine;<p data-block-key&equals;"betsk">This acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era&colon; improved cloud security and the ability to use multiple clouds &lpar;multicloud&rpar;&period;<&sol;p>&NewLine;<p data-block-key&equals;"bgq0o">Both cybersecurity and cloud computing are rapidly growing industries with a vast range of solutions&period; The increased role of AI&comma; and adoption of cloud services&comma; have dramatically changed the security landscape for customers&comma; making cybersecurity increasingly important in defending against emergent risks and protecting national security&period;<&sol;p>&NewLine;<p data-block-key&equals;"abchj">Wiz delivers an easy-to-use security platform that connects to all major clouds and code environments to help prevent cybersecurity incidents&period; Organizations of all sizes — from start-ups and large enterprises to governments and public sector organizations — can use Wiz to protect everything they build and run in the cloud&period; Wiz is an innovative leader and continues to deliver new products with strong adoption&comma; fueling rapid business growth&comma; including over the last 12 months in which it has begun to deliver new categories of cybersecurity solutions&period;<&sol;p>&NewLine;<p data-block-key&equals;"abchj">Wiz says its customers include more than 50&percnt; of the top Fortune 100 companies&period;<&sol;p>&NewLine;<p data-block-key&equals;"abchj">The &dollar;32 Billion price tag is an incredible valuation since Wiz was valued at just &dollar;12 Billion in May 2024 in a &dollar;1 billion funding round led by Andreessen Horowitz&comma; Lightspeed Venture Partners&comma; and Thrive Capital&period;<&sol;p>&NewLine;<p data-block-key&equals;"2s0im">Google Cloud is a leader in cloud infrastructure&comma; with deep AI expertise and a track record of industry-leading security innovation&period; Bringing all this to Wiz will help make their solutions even better and more scalable&comma; benefiting customers and partners across all major clouds&period; The combination of Google Cloud and Wiz will&colon;<&sol;p>&NewLine;<ul>&NewLine;<li data-block-key&equals;"4uamp">Vastly improve how security is designed&comma; operated and automated — providing an end-to-end security platform for customers&comma; of all types and sizes&comma; in the AI era&semi;<&sol;li>&NewLine;<li data-block-key&equals;"u7jk">Scale cybersecurity teams by providing them an automated security platform&semi;<&sol;li>&NewLine;<li data-block-key&equals;"5sb52">Lower customers’ cost of implementing and managing security controls&semi;<&sol;li>&NewLine;<li data-block-key&equals;"f4lcl">Protect against new threats emerging due to the advancement of AI&comma; prevent breaches&comma; and help organizations respond to breaches much more efficiently&semi; and<&sol;li>&NewLine;<li data-block-key&equals;"34l89">Boost the adoption of multicloud security and&comma; as a result&comma; customers’ ability to use multiple clouds&semi; further spurring innovation in and the adoption of cloud computing&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p data-block-key&equals;"109i3">Wiz’s products will continue to work and be available across all major clouds&comma; including Amazon Web Services&comma; Microsoft Azure&comma; and Oracle Cloud platforms&comma; and will be offered to customers through an array of partner security solutions&period; Google Cloud will also continue to offer customers wide choice through a variety of partner security solutions available in the <a href&equals;"https&colon;&sol;&sol;cloud&period;google&period;com&sol;marketplace" target&equals;"&lowbar;blank" rel&equals;"noopener" data-analytics-onclick&equals;"&lbrace;&quot&semi;event&quot&semi;&colon;&quot&semi;page interaction&quot&semi;&comma;&quot&semi;category&quot&semi;&colon;&quot&semi;in-article links&quot&semi;&comma;&quot&semi;action&quot&semi;&colon;&quot&semi;link click&quot&semi;&comma;&quot&semi;label&quot&semi;&colon;&quot&semi;https&colon;&sol;&sol;cloud&period;google&period;com&sol;marketplace&quot&semi;&rcub;">Google Cloud Marketplace<&sol;a>&period;<&sol;p>&NewLine;