Google Cloud agrees to acquire Wiz for USD 32 billion

Google has signed a deal to buy cloud security firm Wiz for USD 32 billion. The move strengthens Google Cloud’s push into security and multicloud services.

Funding details: USD 32 billion (Acquisition)

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Google has signed a definitive agreement to acquire Wiz, a fast-growing cloud security company based in New York, for USD 32 billion in an all-cash transaction. Once the deal closes, Wiz will become part of Google Cloud.

The acquisition shows Google Cloud’s growing focus on cloud security and multicloud use, especially as artificial intelligence changes how companies build and protect software. Google said security risks are rising as more data and systems move to the cloud.

Wiz is known for its simple security platform that connects across major cloud providers and code environments. It helps companies spot and fix risks before they turn into serious breaches. Wiz serves a wide range of customers, from startups to large enterprises and government bodies.

Google Cloud said bringing Wiz into its ecosystem will help customers design and manage security in a more automated way. The goal is to reduce costs, ease pressure on security teams, and respond faster to new threats linked to AI.

Wiz will continue to support all major cloud platforms, including Amazon Web Services, Microsoft Azure, and Oracle Cloud. Google Cloud said customers will still have freedom to choose tools from different partners through its marketplace.

Sundar Pichai, CEO of Google, said the deal builds on Google’s long history in online security and responds to growing demand for stronger protection and more choice in cloud providers. Wiz CEO Assaf Rappaport said the partnership will give Wiz more resources and deep AI expertise while keeping its mission focused on preventing breaches.

The deal is subject to regulatory approvals and other customary closing conditions.