Wednesday, March 19, 2025

Creating liberating content

NEW DELHI: The Supreme Court on Tuesday decided to conduct

Build confidence with positive language The words parents use shape

Google parent Alphabet agreed to acquire cloud security firm Wiz

Related News

NEW DELHI: The Supreme Court on Tuesday decided to conduct an in-depth inquiry into allegations of Arunachal govt’s contract largesse to firms owned by chief minister Pema Khandu’s relatives and

Build confidence with positive language The words parents use shape a child’s confidence and mindset. Certain phrases can unintentionally harm self-esteem or emotional growth. Avoid these common mistakes to foster

US President Donald Trump stands in the presidential box as he tours the John F. Kennedy Center for the Performing Arts in Washington, Monday (AP photo) US President Donald Trump

Google parent Alphabet agreed to acquire cloud security firm Wiz for $32 billion in cash, reaching a deal less than a year after initial negotiations fell apart because the cloud-computing

TOI correspondent from Washington: The smackdown was swift, but the blowback was brutal. The Trump White House on Monday reaped a whirlwind in history after sowing the wind with a

MUMBAI: PhysicsWallah has filed draft IPO papers with Sebi through the confidential filing route, sources said. The company’s targeted $500 million (about Rs 4,600 crore) IPO will comprise a mix

Trending News

Google parent Alphabet agreed to acquire cloud security firm Wiz for $32 billion in cash, reaching a deal less than a year after initial negotiations fell apart because the cloud-computing

Ashok Hinduja (File photo) To List Insurance Arms In 2 Years, Plans RebrandingMUMBAI : IndusInd International Holdings (IIHL) has completed the Rs 9,650-crore acquisition of Anil Ambani-promoted Reliance Capital under

Cipla has announced an exclusive licensing agreement with Taiwan-based Formosa Pharmaceuticals to market clobetasol propionate ophthalmic suspension 0.05% (APP13007) across 11 countries, including India. It is used to treat post-op

NEW DELHI: Hudco will become a zero NPA company with no bad loans in its books in the next 18 months, following resolution of projects worth around Rs 1,200 crore

India’s Largest Pvt Debt-Raise In Domestic Currency To See Participation Of 15 InvestorsMUMBAI: Five private credit funds, including Davidson Kempner Capital Management, Cerberus Capital Management and Ares Management Corp, will

Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, BHEL, Astrazeneca Pharma and Maruti Suzuki India

Google parent Alphabet to buy Wiz cybersecurity firm for $32 billion

Word Count: 303 | Estimated Reading Time: 2 minutes


Google owner Alphabet will buy cybersecurity firm Wiz for $32 billion — in a deal set to boost the tech giant’s in-house cloud computing amid burgeoning artifical intelligence growth.

If closed, the cash transaction, announced Tuesday, would become Google’s most expensive acquisition in the company’s 25-year history. Wiz rejected a reported $23 billion buyout proposal from Alphabet last July.

The purchase gives Google new momentum in its efforts to compete in the cloud-computing business by offering more security for its services.

“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,” Wiz CEO Assaf Rappaport said in a blog post.

The company says Wiz will join Google Cloud — and that this deal represents a company investment “to accelerate two large and growing trends in the AI era: improved cloud security and the ability to use multiple clouds.”



Google Calendar drops cultural celebrations like Black History Month and Women’s History Month

00:40

Together, Google CEO Sundar Pichai said in a statement, Google Cloud and Wiz “will turbocharge improved cloud security and the ability to use multiple clouds.”

Assaf Rappaport, Co-Founder & CEO, added that the deal will “bolster our mission to improve security and prevent breaches by providing additional resources and deep AI expertise.”

Wiz, based in New York, was founded in 2020, makes security tools designed to shield the information stored in remote data centers from intruders.

The proposed buyout will get a close look from antitrust regulators. While many expect the Trump administration to be more friendly to business deals, it has also shown skepticism of big tech.

Also, the new Federal Trade Commission Chair Andrew Ferguson has vowed to maintain a tough review process for mergers and acquisitions.



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account