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Google parent to buy cybersecurity startup Wiz for whopping $32B
GOOGAlphabet(GOOG) New York Post·2025-03-18 16:34

Alphabet said Tuesday it would buy Wiz for about 32billioninitsbiggestdealastheGoogleparentdoublesdownoncybersecuritytosharpenitsedgeinthecloudcomputingraceagainstAmazon andMicrosoft.Theallcashbuyoutcomesafter Wiz rejecteda32 billion in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon and Microsoft.The all-cash buyout comes after Wiz rejected a 23 billion bid from Alphabet last year due to concerns about antitrust approvals and its aim to focus on an initial public offering.Acquiring Wiz will help Google bolster its cloud business with AI-powered cybersecurity solutions that companies use to rem ...