Google buys Wiz for $32 billion

Wiz, a leading provider of cloud security software, is set to become part of Google by May 2026. Alphabet Inc., Google’s parent company, has announced plans to acquire the Israeli-based cloud protection software provider for $32 billion in an all-cash transaction. This acquisition marks a significant move in the tech and cybersecurity sectors.

Once the deal is finalized, Wiz will integrate its suite of security products with Google Cloud, continuing to provide robust security operations across major cloud platforms under its own name. Wiz’s innovative products are designed to protect multiple cloud and code environments, helping to prevent cybersecurity incidents across a wide range of systems.

From a business perspective, this acquisition stands to benefit end users the most, as it will likely reduce the overall cost of cybersecurity, particularly in multi-cloud environments. With businesses increasingly relying on complex cloud infrastructures, ensuring robust security has become more crucial than ever. Wiz’s technology aims to protect valuable digital assets across different cloud platforms, ensuring that companies can operate safely and securely in the cloud.

Interestingly, this deal had been in the works for over a year. Initially, the acquisition was proposed in the summer of the previous year, but Wiz’s CEO, Assaf Rappaport, rejected the deal when it was valued at $23 billion. The higher $32 billion valuation, which includes a $9 billion increase, has convinced the founder to proceed with the acquisition. The deal is now expected to close by mid-2026, highlighting a significant shift in the company’s strategic direction.

In addition to this acquisition, Google has made notable progress in another area of technology. Google CEO Sundar Pichai recently expressed gratitude to SpaceX CEO Elon Musk for the successful launch of the FireSat satellite constellation. This initiative is poised to play a crucial role in early wildfire detection and tracking, a critical aspect of global environmental conservation efforts.

FireSat consists of 50 satellites, all interconnected to use Artificial Intelligence for detecting wildfires as small as 5×5 meters. The ability to quickly spot these fires allows for faster responses, which is vital for minimizing the destruction of ecosystems and wildlife. This technological advancement represents a major step forward in the fight against wildfires and underscores the importance of space-based technologies in tackling environmental challenges. As more such missions are planned, the hope is that we can continue to protect our planet’s flora and fauna, making a meaningful impact on conservation efforts worldwide.

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Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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