Google is considering a $23 billion acquisition of Wiz, a cloud cybersecurity startup partnered with Amazon and Oracle, as reported by The Wall Street Journal. This would be Google’s largest purchase ever, nearly double its 2012 Motorola Mobility acquisition. Wiz specializes in securing corporate cloud infrastructure and could enhance Google’s cloud security capabilities, especially in light of recent security breaches at Microsoft. The deal, driven by Google Cloud boss Thomas Kurian, appears likely but could face scrutiny from US regulators amidst ongoing antitrust actions by the Biden administration.
Read more – https://www.theverge.com/2024/7/14/24198613/google-wiz-acquisition-talks-23-billion-cloud-cybersecurity
