Geek-Guy.com

Category: Cloud Security, Mergers and Acquisitions, Security, Technology Industry

Alphabet agrees to buy Israel’s Wiz, expanding its cloud security reach

Alphabet has agreed to acquire Israeli cybersecurity firm Wiz for $32 billion, a move that will significantly expand its footprint in cloud security and mark its largest acquisition to date. The latest bid exceeds Alphabhet’s previous $23-billion bid by roughly a third. Wiz had rejected the earlier proposal in July 2024 due to regulatory concerns.…