
$32 billion Payout for Acquiring Wiz Will Help Google in Gaining Foothold in Competitive AI & Cloud Space
Google, through its parent company Alphabet, acquired Wiz for $32 billion to strengthen its position in the cloud computing and cybersecurity markets. Wiz enhances Google Cloud’s cybersecurity offerings. Founded in 2020, Wiz provides a cloud-native security platform that identifies and mitigates risks across multiple cloud environments, including AWS, Azure, and