Google on Wednesday said it completed a $32 billion agreement to buy Wiz, a leading cloud and AI security platform, marking one of the largest-ever acquisitions in the cybersecurity market.
The deal will allow Google to provide a comprehensive security offering to both government and enterprise customers operating across multicloud environments.
Wiz works across the leading cloud providers, including Amazon Web Services, Microsoft Azure and Oracle Cloud.
The platform will continue to operate under its own brand name, while providing a broad range of services through its integration with Google Cloud.
“With the addition of Wiz, we will provide customers with a comprehensive platform to secure their cloud and hybrid environments, as well as accelerate threat prevention, detection and response,” Thomas Kurian, CEO of Google Cloud, said in a blog post published Wednesday.
Kurian said customers and partners would be able to enhance security for their enterprise systems while “lowering the cost of maintaining security controls” across multicloud and on-premises environments.
Google provides a portfolio of threat intelligence, cloud-native security operations and incident response through its Mandiant Consulting unit.
Wiz executives also noted the combination will help customers operate more securely at a time when AI adoption is rapidly accelerating and creating additional risks.
“At Wiz, we believe security should accelerate progress,” said Wiz co-founder and CEO Assaf Rappaport, in another blog post published Wednesday. “By combining deep understanding of cloud environments and rich context across code, cloud and runtime, we enable teams to build AI-powered applications securely from the start and strengthen them continuously as they evolve.”
