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Google to acquire cloud security startup Wiz for $32 billion
GOOGAlphabet(GOOG) CNBC·2025-03-18 12:41

Assaf Rappaport, Wiz, on Centre Stage during day one of Web Summit 2021 at the Altice Arena in Lisbon, Portugal.Google on Tuesday signed a "definitive agreement" to acquire Wiz, the New York-based cloud security startup, for 32billioninanallcashdeal,accordingtoreleases.Thecompanysaidtheagreementwillgivecustomersbettersecuritywhilealsoloweringcosts.LastJuly, CNBCreported thatWizwalkedawayfromapotential32 billion in an all-cash deal, according to releases.The company said the agreement will give customers better security while also lowering costs. Last July, CNBC reported that Wiz walked away from a potential 23 billion acquisition by Google, announcing to employees that it would pu ...