Google’s $32 billion acquisition of cybersecurity firm Wiz has officially closed.
The search giant announced on Wednesday that Wiz will join Google Cloud at a moment when AI is making cloud security more vital. Wiz offers a platform that helps customers protect data across different cloud services.
“In today’s AI era, more businesses and governments are migrating their most important data and systems to the cloud and turning to agile and continuous software development,” Google wrote in a post announcing the news.
“As these organizations operate in a multicloud environment and adopt AI, attackers are using AI to operate with greater speed and sophistication,” the company added.
Google announced last year that it intended to buy Wiz for $32 billion in the search giant’s biggest-ever acquisition.
The deal, which was also viewed as a test for President Donald Trump’s antitrust agenda, could be a boon for Google’s cloud business as it pursues customers for its AI products.
Google said Wiz would remain a multicloud offering after the acquisition, meaning it will continue to be made available through rival cloud providers such as Amazon and Microsoft.
“Our mission remains as bold as ever: to protect everything organizations build and run,” Assaf Rappaport, the CEO of Wiz, said in a blog post. “And we are still just getting started.”
Read the original article on Business Insider
The post Google officially snaps up Wiz as it closes mammoth $32 billion deal appeared first on Business Insider.
