Google to Acquire Cybersecurity Startup Wiz for $32bn
Briefly

Google has announced its intention to acquire Israeli cybersecurity startup Wiz for $32 billion in cash, signifying its largest acquisition to date. The integration aims to bolster Google Cloud’s multicloud cybersecurity platform, merging Wiz’s Cloud Security Platform with existing Google security operations. Additionally, Adobe has reported a staggering rise in AI-driven e-commerce traffic, escalating by 1,200% compared to six months prior, illustrating a transformative effect on consumer engagement. In tandem, ad tech firm Adform is exploring a sale, indicating a renewed interest in mergers and acquisitions within the tech industry.
Google's decision to acquire Wiz signifies its serious commitment to enhancing multicloud cybersecurity capabilities, marking the tech giant's largest acquisition to date.
Adobe's data shows a remarkable 1,200% increase in AI-driven e-commerce traffic, highlighting a significant shift in shopping behaviors influenced by generative AI tools.
Read at Exchangewire
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