Google Cloud Expands Cybersecurity Investments
Google LLC has announced a definitive agreement to acquire Wiz, Inc., a leading cloud security platform headquartered in New York, for $32 billion. The all-cash transaction is subject to closing adjustments and regulatory approvals. Once finalized, Wiz will become part of Google Cloud.
Strengthening Cloud Security in the AI Era
This acquisition reflects Google Cloud’s commitment to advancing two major trends in the AI-driven world: enhancing cloud security and supporting multicloud adoption. The growing role of AI and cloud services has increased the need for robust cybersecurity measures to mitigate evolving threats and protect national security.
Wiz: A Leader in Cloud Security
Wiz provides a user-friendly security platform that integrates with major cloud providers and coding environments to prevent cyber threats. Businesses of all sizes—including startups, enterprises, government agencies, and public sector organizations—rely on Wiz to safeguard their cloud infrastructure. Over the past year, Wiz has introduced new cybersecurity solutions, fueling rapid growth and adoption.
Benefits of the Acquisition
The combination of Google Cloud’s AI expertise and Wiz’s innovative security solutions will:
- Improve the design, operation, and automation of security measures across various industries.
- Enhance cybersecurity teams’ efficiency through automation.
- Reduce costs for customers implementing and managing security controls.
- Strengthen protection against AI-driven threats and streamline breach response strategies.
- Promote multicloud security adoption, fostering greater flexibility and innovation in cloud computing.
Continued Support for Multicloud Solutions
Wiz’s security products will remain available across major cloud platforms, including Amazon Web Services (AWS), Microsoft Azure, and Oracle Cloud. Additionally, Google Cloud will continue offering a variety of partner security solutions through the Google Cloud Marketplace.
Webcast Announcement
Alphabet Inc. (NASDAQ: GOOG, GOOGL) will host a webcast to discuss this acquisition on Tuesday, March 18, at 6:00 AM Pacific Time (9:00 AM Eastern Time). The discussion will feature:
- Sundar Pichai, CEO, Google and Alphabet
- Thomas Kurian, CEO, Google Cloud
- Assaf Rappaport, CEO, Wiz
- Anat Ashkenazi, CFO, Google and Alphabet
Watch the webcast here: YouTube Live. A replay will be available for two weeks.
Executive Insights
Sundar Pichai, CEO, Google
“From its earliest days, Google has prioritized security, making us a leader in online safety. Businesses and governments running in the cloud need stronger security solutions and greater flexibility. Google Cloud and Wiz will accelerate cloud security and multicloud adoption.”
Thomas Kurian, CEO, Google Cloud
“Google Cloud and Wiz share a vision of making cybersecurity more accessible and user-friendly for organizations of all sizes. Preventing cyberattacks, even in complex business environments, will reduce costs and disruptions for businesses worldwide.”
Assaf Rappaport, Co-Founder & CEO, Wiz
“Wiz and Google Cloud are committed to protecting customers across all major clouds. This acquisition strengthens our mission to enhance security, prevent breaches, and leverage Google’s AI expertise for the benefit of businesses and organizations globally.”
For more details on Wiz’s solutions and their integration with Google Cloud, visit the Google Cloud and Wiz blogs.
