The giant Google adds another leading company to its endless acquisition list. Wiz bought for 32,000 million dollars (29,247 million euros), its greatest acquisition to date. Well above the 12,500 million dollars paid for Motorola Mobility. The big question is, who is Wiz, and why the company of L succinity Pichai, has paid that money?
Wiz It is a cloud security platform of Israeli origin, although it has its headquarters in New York. It was founded in 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak.
It is incredible that, in just four years, a startup has passed from 0 to 32,000 million dollars in valuation. What is your secret?
What is Wiz, the security platform that has bought Google
The Amazon, Microsoft and Oracle clouds, among others, are protected by Wiz. They are not minor clients, precisely …
The Israeli company has earned its reputation for its ability to detect weak points and possible platform safety holes in the cloudwhere malware or spy software sneaks.
This effectiveness has allowed him to gain the confidence of giants such as Microsoft or Amazon, who do not leave the protection of their clouds to anyone.
For Google it is a strategic purchase, because The cloud is essential for the development of artificial intelligenceand need to be safe.
In May 2024, Wiz had an assessment of 12,000 million dollars. Google tried to buy it that same year offering 23,000 million dollars, but the negotiation did not close because Wiz thought that the antitrust authorities would not approve.
Now Google has offered 32,000 million dollars, and Wiz believes that with the Trump government, more permissive with monopolies and oligarchies, they will get the approval.
«To become part of Google Cloud is, in fact, to tie us a rocket behind our backs: it will accelerate our faster innovation rhythm than we could get as an independent company,» said the CEO and co -founder of the security company, Assaf Rappaport.
To avoid antitrust accusations, Wiz will remain open to allincluding Google competition. But I don’t think Microsoft, Amazon and Oracle make them very funny to leave their clouds in Google, and also pay a considerable amount of money for it. Among other things because, to protect something, you have to know all its secrets …
Google has bought Wiz for almost 30,000 million eurosbut the operation will not close completely until 2026 … if the antimonopoly authorities allow it.
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Tags: Microsoft, cloud, cloud, cybersecurity