Alphabet's Big Bet: Why $32 Billion for Wiz is Genius
Alphabet ((GOOGL) just made its largest acquisition ever with the $32 billion bid for Wiz, an Israeli tech company focused on cloud security.Typically, Google has liked to build new technologies and platforms in-house, especially via their secretive "Skunkworks" R&D lab.So why did they spend more than all 20 previous acquisitions combined? What do they see in cloud security and how big will the synergies and payoffs be as they compete with market leaders AWS and Azure?Preparing for a New Threat AtmosphereSu ...