Google has made its largest purchase in history, acquiring the cybersecurity startup Wiz for 32 billion dollars, according to Pepelac News.
This deal allows Google to strengthen its position in cloud security and enhance competition with AWS and Microsoft Azure.
Wiz will continue to operate as an independent company and will work across all cloud platforms, not just limited to Google Cloud.
Wiz has announced expansion plans, including increasing its business size by hiring new employees and acquiring other companies.
This deal adds a strong asset to Google in the field of cybersecurity, reinforcing the corporation's position.
The deal is currently in the process of official approval and is expected to be fully finalized in the near future.
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