Google has entered an agreement to ꦗpurchase Wiz, a leading cloud security startup used by Salesforce, Siemens, Morgan Stanley, and༺ more than half of Fortune 100.

Rumors circulated in mid-2024 that 168澳洲5最新𒀰开奖结果:Google was interested in the cybersecurity firm, but the deal was ultimately put on hold. Assaf Rappaport, Wiz co-founder and CEO, that Google and Wiz have finally reached a definitive agreement, to the tune of an🔴 all-cash $32 billion deal.

Today Google has entered into an ag🅷reement t🤪o acquire Wiz!

Our commitment to the Wiz mission has never been stronger: we aim to help every organization secure everything they build and run in the cloud—any cloud. We believe that our partnersh🐼ip with Google will supercharge this vision a🥂nd help us achieve it even faster.

Rappaport addressed concerns that Google could limit the company’s relationships with other cloud providers, including Google rivals AWS and Azure.

Wiz will keep its commitment to bei🍰ng a multicloud platform, collaborating closely with all major clouds, including our fantastic partners at AWS, Azure, ༺and OCI, while continuing to grow our partner network across the industry.

Rappaport also said the deal will help♚ Wiz accelerate its innov🎐ation.

We’re not maintaining our pace of innovation—we’re a💯bout to accelerate it! Even by Wiz standards 😉 With the incredible resources of Google Cloud, we’re✱ ready to move faster than ever.

In a blog post on the company’s site, Rappaport again emphasized the importance of the company’s multicloud approach.

Today’s news comes b🐠ack to that same guiding principle. Wiz and Google Cloud are both fueled by the belief that cloud security needs to be easier, more accessible, more intelligent, and democratized, so more organizations can adopt and use 💦cloud and AI securely.

We both also believe Wiz needs to remain a multicloud platform, so that across any cloud, we will continue to be a leading platform. We will still work cl🎃osely with our great partners at AWS, Azure, Oracle, and across the entire industry.

Wiz has achiev𒅌ed so much in a relatively short period, but cybersecu👍rity moves at warp speed and so must we. The time is now.

Similarly, in its own blog post, to keep Wiz’s products multicloud.

Wiz’s products will continue to work and be available across all major clouds, including Amazon Web Services, Microsoft Azure, and Oracle Cloud platforms, and will be offered to customers through an array of partner security solutions. Google Cloud will also continue to offer customers wide choice throu�💫�gh a variety of partner security solutions available in the Google Cloud Marketplace.

The Regulatory Hurdle

The big question is whether regulators will attempt to🌼 block the acquisition. While Wiz does not fall into the categories where Google is fending off lawsuits, such as its search and advertising businesses, there is no doubt the company is under increased scrutiny.

Given that Wiz offers multicloud cybersecurity options, regulators may want more than a non-bindinജg assurance that Google will continue to give competitors access to Wiz prꩲoducts and services.

Ultimately, the Google/Wiz deal could prove to be the first major test of the Trump administration’s stand on Big Tech and high-value deals within the tech industry.