Google's parent company, Alphabet, plans to acquire cybersecurity startup Wiz for $32 billion, marking its largest acquisition. This move is part of Google's strategy to boost its cloud computing capabilities amid rising competition from Microsoft and Amazon. If approved by regulators, Wiz will enhance Google Cloud's security tools, which are crucial for handling increasing demand for AI-driven data centers. Despite the deal's potential benefits, concerns about antitrust implications loom, with the acquisition expected to face scrutiny before its anticipated closure in 2026.
https://apnews.com/article/google-alphabet-wiz-32-billion-e50fb41b9a84a1056a116f963e6efed0