Google Parent to buy WIZ starting cyber security for Whopping $ 32B

The alphabet said on Tuesday that it would buy WIZ for about $ 32 billion in its largest deal sometimes after Google’s parent doubles in online security to sharpen its advantage in the cloud calculation competition against Amazon and Microsoft.

Blockbuster deal will help Google with rapidly increasing internet security solutions that companies use to remove critical risks, and will test the Trump administration appetite for large technology M&A after years of close regulatory control.

Shares of alphabet dipped more than 2%. Shares have decreased 13% this year in concerns about his huge expenses of he against the growth of China’s low -cost Deepseek and a withdrawal to the technology giants that led the market for the past two years.

Buying WIZ will help Google strengthen its business in the Cloud with online security solutions that companies use to remove critical risks. Reuters

Wall Street is hoping for a change in antitrust policies under President Trump, whose election to lead the Federal Commission of Trade Andrew Ferguson is expected to call again in the major M&A regulation, a distinctive sign of his predecessor Lina Khan.

WIZ works with cloud providers such as Amazon Web Services, Microsoft Azure as well as Google Cloud and counts Morgan Stanley, BMW and luxury LVMH LVMH among its customers.

“There is likely a microscope for the investors’ deal, given Google’s historic record with the capital division plan, especially around M&A,” said Dave Wagner, portfolio manager at APPIT Capital Advisors.

Once the deal is closed, the WIZ will join the Google Cloud Business, which generated more than $ 40 billion in revenue in 2024 and has exceeded growth in the search business in recent years.

Wiz opposed a $ 23 billion offer from Sundar Pichai’s alphabet last year due to concerns about antitrust approval. AFP through Getty Images

WIZ products will continue to be available in all other main cloud services. The alphabet expects the agreement to close in 2026, subject to regulatory approval.

DA Davidson Gil Luria analyst said the highest price is based on another year of exponential growth for WIZ.

“For Google to be able to compete with Microsoft Azure for enterprise customers, it must be able to offer a deeper group of services, including the security software,” he said.

Interest in the online security industry has increased since last year of Outage Global Crowdstrike Outage Operations across the industries, making companies spend more on maintaining their areas online.

Wall Street is hoping for a change in antitrust policies under President Trump, whose election to lead the Federal Commission of Trade Andrew Ferguson is expected to call again in the major M&A regulation. Reuters

“Overall, Google is not a leader in the Cloud business, and WIZ will still be available for all other Cloud services,” said Elise Phillips, a public knowledge advisor, a public interest advocacy group.

Google is already in the regulatory chairs, with a pressure on measures including a sale of its browser Chrome to address what a judge said it was a monopoly of illegal search.

Google had $ 23.47 billion in cash and cash equivalents since December 31, implying it may have to seek funding for the deal.

Some Israel -based security or Israeli -based security companies were acquired by Silicon Valley Giants, including SIEMPLIFY, which was bought by the alphabet in 2022, and the self, which Salesforce won in 2024.

#Google #Parent #buy #WIZ #starting #cyber #security #Whopping #32B
Image Source : nypost.com

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top