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Leaked memos: Google execs address $32 billion Wiz deal

Mar 19, 2025 - businessinsider.com
Google has agreed to acquire the cybersecurity firm Wiz for $32 billion, marking its largest acquisition to date. This move underscores the importance Google places on enhancing its cloud security capabilities amid the growing adoption of artificial intelligence and multicloud strategies. Google Cloud CEO Thomas Kurian emphasized that the acquisition comes at a critical time as customers increasingly move data to the cloud, necessitating integrated cybersecurity solutions. The deal, which is subject to regulatory approval and expected to close in 2026, aims to improve security operations and automation, while also addressing the rising number of cybersecurity breaches.

The acquisition follows previous talks between Google and Wiz for a $23 billion deal that did not materialize. Wiz's technology, which identifies security risks in cloud data, will continue to be available through other cloud providers like Amazon Web Services and Microsoft Azure. Google executives, including CEO Sundar Pichai and President of Global Revenue Matt Renner, have communicated the strategic importance of the deal to employees, highlighting its potential to lower security costs and boost multicloud adoption. Analysts have noted that acquiring Wiz fills a gap in Google's cloud security offerings compared to competitors Amazon and Microsoft.

Key takeaways:

  • Google agreed to acquire cybersecurity firm Wiz for $32 billion, marking its biggest-ever acquisition.
  • Google Cloud CEO Thomas Kurian emphasized the importance of AI in changing cybersecurity and the need for integrating cybersecurity tools with software development tools.
  • The acquisition aims to enhance Google's multicloud strategy and improve security, with Wiz continuing to be available through other cloud providers like AWS and Microsoft Azure.
  • The deal is subject to regulatory approval and is expected to close in 2026, pending scrutiny.
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