Google to acquire cloud security startup Wiz for $32 billion

Google Tuesday has signed a “Definitive agreement” To acquire wiz, a New York’s New York-based new-based security startup, for $ 32 billion in an all-cash agreement.

The agreement, the largest of the company’s security technology in a world to prove the artificial intelligence will become a part of the company cloud, and Google said it waits for the trait to 2026.

“Google Cloud is a head in cloud infrastructure, with the conprinterous I am deep and a trace of industry safety innovation,” Google said in a release. I am “Wear all this to the wiz to make their solutions siminiss me better and more cantabile, performance attention in all the main clouds.”

Last year, wiz walked waitingAnd from a billion potential of billions of $ 23 from Google and said employees that would Pursue a ipo in contrast. However, the iPo market is still open in a significant way in 2022, and Trump administration open the brings to four years under the President Joe Biden.

A familiar source with the matter if held CNBC that the gift went from the trait in July in a part the antitrust and investor

“Saying NO in such a hilbling offers,” Wiz Co-Fonder wrote to employees in a memo at the moment it has been obtained by CNBC.

A month later, a federal judge ruined That one Google Keep a monopoly in the search market, four years after the government presented their case of the pointthat alleged that Google created barriers of the income and a feedback cycle supporting his dominance.

CEO ALPHABET Sundar pichai has been between a group of ex-profile Tech Exops that attended The Donald Trump President Inauguration in January, and the company Donated $ 1 millions to the inauguration bottom.

Before the latest dislasses with Google were reported, the college had settled their sankman on a ipo and $ 1 billion annual revenue. In July, Rappeart Memo wrote that company pursue those stages.

Wiz was founded in 2020 and he has rapidly cultivated under report, with the company that hit 100 $ million in recurring annual recovery after only 18 months. Company security products include the prevention, detection and active response, a portfolio that is appealing to the big businesses and had helped your skill Microsoftthat also sells safety software.

“Funicle the Google Cloud is actually strugging to our retirement: If you speed our innovation rate more quickly than you could accomplish as a standalone company”, he said in a Blog post tuesday. I am

While Google has a long story in M ​​& A, warranted by MegADeads. Before the Wiz, its greater choice of the Purchase of the $ 12.5 billion in 2012. Two years later, the company sold some assets at Lenovo for $ 2.9 billion. Google also made the acquisitions of cybercurity in the past, paying $ 5.4 billion for Mandiant in the 2022.. I am

Alphabet has closed the year with $ 96 billion in cash and market titles.

Wiz products also work on the concurfium also including Amazon Web Services, Microsoft Achure and Cloug Oracle, the companies. The Wall Street Journal first Reported on Monday which business were in advanced discussions.

Alphabet’s actions fell around 2% on Tuesday and are now 15% for the year.

– CNBC Elias and Jordan New Jennifer contributed to this report.