Google to Acquire Israeli Cloud Security Firm Wiz for Record $32 Billion

TDT | Manama
Email : editor@newsofbahrain.com

Google has announced its acquisition of Israeli cloud security company Wiz for $32 billion, marking the largest purchase in the tech giant’s history. The acquisition underscores Google’s commitment to strengthening cybersecurity as artificial intelligence continues to integrate into technology infrastructure.

The all-cash transaction will bring Wiz under the umbrella of Google Cloud, enhancing multi-cloud security solutions for enterprises of all sizes. According to a joint press release issued on Tuesday, the deal will enable Google to offer "an end-to-end security platform for customers, of all types and sizes, in the AI era."

Founded in 2020 by CEO Assaf Rappaport and a team of cybersecurity experts who previously sold a venture to Microsoft, Wiz has quickly risen to prominence in the cloud security sector. Despite becoming part of Google Cloud, the company will continue to provide its services to other leading cloud platforms, including Amazon Web Services (AWS) and Microsoft Azure.

Wiz is headquartered in New York and operates offices in Tel Aviv and three other U.S. cities. The acquisition reflects Google's ongoing efforts to expand its cybersecurity capabilities as businesses increasingly rely on cloud computing and AI-driven technology solutions.