Google-parent Alphabet buys Israeli startup Wiz for $32 billion in CASH

Alphabet plans to acquire cybersecurity startup Wiz for $32 billion, enhancing its cloud offerings. The acquisition, awaiting regulatory approval, marks Alphabet’s largest to date and aims to bolster its competitiveness against AWS and Microsoft Azure while improving cybersecurity capabilities using AI-driven solutions.
Alphabet plans to acquire cybersecurity startup Wiz for $32 billion, enhancing its cloud offerings. The acquisition, awaiting regulatory approval, marks Alphabet’s largest to date and aims to bolster its competitiveness against AWS and Microsoft Azure while improving cybersecurity capabilities using AI-driven solutions.