Google has announced plans to acquire cloud security firm Wiz for $32 billion in an all-cash deal. The acquisition will enhance Google Cloud's cybersecurity capabilities, provide businesses with better protection, and offer more multi-cloud options. The deal is subject to regulatory approvals and expected to close by 2026.
In a strategic move aimed at bolstering its cloud security offerings, Google has unveiled plans to acquire Wiz, a leading cloud security firm, for $32 billion in an all-cash transaction. The acquisition, which was officially announced in a Tuesday blog post, is set to integrate Wiz’s advanced security technology into Google Cloud once finalized.
This deal marks a significant step for Google in its ongoing efforts to enhance cybersecurity measures and protect against the rising tide of AI-driven threats. By adding Wiz’s innovative security tools, Google aims to provide businesses and governments with more robust protection in their cloud environments, while also offering improved automation and security design capabilities.
Sundar Pichai, CEO of Google, emphasized the strategic importance of the acquisition, stating that it would empower Google Cloud to deliver stronger, more flexible security solutions. He pointed out that this partnership would help customers reduce security-related costs and enable them to leverage multi-cloud environments more effectively. "Businesses and governments that rely on cloud services are increasingly seeking more security options and diverse cloud choices," Pichai noted.
The deal also underscores Google’s commitment to maintaining its leadership in the cloud computing space. While Wiz’s products will be incorporated into Google Cloud, they will remain available across other major platforms like Amazon Web Services (AWS), Microsoft Azure, and Oracle Cloud, ensuring that customers have continued access to Wiz’s cutting-edge solutions.
The acquisition is subject to regulatory approvals and is expected to close by 2026. With this move, Google looks set to accelerate its cloud security initiatives, positioning itself to compete more effectively against rivals such as Amazon and Microsoft in the rapidly expanding cloud market.
