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Google just agreed to its biggest acquisition ever

Google parent Alphabet agreed to acquire cybersecurity firm Wiz for $US32 billion ($50 billion) in cash, reaching a deal less than a year after initial negotiations fell apart because the cloud computing startup wanted to stay independent.

Wiz will join the Google Cloud business once the deal closes, the companies said in a statement on Tuesday (Wednesday AEDT). The takeover is subject to regulatory approvals and is likely to close next year, they said.

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    Original URL: https://www.afr.com/technology/google-agrees-to-buy-cloud-security-firm-wiz-for-50b-20250319-p5lkn5