Alphabet has announced its largest acquisition ever, attempting to buy cybersecurity firm Wiz for $16 billion, following a previous deal that stalled. Wiz, which provides cloud-based cybersecurity solutions and is valued at $12 billion, has key partnerships with companies like Microsoft and Amazon. This deal comes amid Alphabet's ongoing antitrust challenges, with hopes that regulatory scrutiny from the current administration may be less stringent than in the past. The acquisition is part of Google's broader strategy to enhance its cloud offerings, following previous purchases of cybersecurity firms Siemplify and Mandiant.
Google's parent company, Alphabet, has announced its largest-ever acquisition, entering into a deal to buy New York-based cybersecurity firm Wiz, making it a part of its Google Cloud division.
The Wiz purchase would be the latest of several acquisitions that Google has made in recent years as it attempts to bolster security for its cloud computing customers.
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