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International Business Times
International Business Times
Business

Google Says To Buy Cybersecurity Company Wiz For $32 Bn

The Wiz transaction is the largest ever sought by Google or parent Alphabet (Credit: AFP)

Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure.

The all-cash deal brings Wiz into the Google Cloud operation, boosting the capacity of consumers to use "multiple clouds" and providing "an end-to-end security platform for customers, of all types and sizes, in the AI era," the companies said in a joint statement.

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