Google’s giant move is set to shake up the tech industry: A $32 billion Wiz cloud-shaking agreement will rock Big Tech. CSN News

Alphabet, Google’s parent company announced its largest acquisition ever, acquiring Israeli cloud security leader Wiz, for a staggering amount of $32 billion. The announcement, made on March 18th, will boost Google’s position in the cloud computing arena, and cause ripples throughout an industry that is already struggling with cybersecurity threats.

Record-breaking prices

Few analysts expected Alphabet to make a deal this large, especially after Wiz turned down a $23 Billion offer from Google in the past year. The price tag is a huge jump from Wiz’s private valuation in May 2024 of $12 billion. Wiz The current boasts of more than It is a prized catch, with recurring revenues of $500 million.

The cloud titans are in competition with each other

Wiz will be folded into Google Cloud, led by Thomas Kurian. Kurian is a driving force in Alphabet’s quest to surpass Microsoft Azure and Amazon AWS. Many analysts believe The addition of Wiz’s technology will greatly enhance Google’s security portfolio. This is a crucial battleground when it comes to attracting B2B customers.

Alphabet’s stock fell 4% after the announcement, despite all the excitement. The stock had already been under pressure – down 13% this year on concerns over Alphabet’s big-spending AI strategy and mounting competition from budget-friendly Chinese rival DeepSeek.

Wiz is cloud-agnostic You can also use magic

Wiz, while becoming a part Google Cloud will continue to support rival platforms such as Amazon Web Services and Microsoft Azure. This cloud-agnostic position may help alleviate antitrust concerns. US legislators have been more vigilant about major tech transactions.

White House wildcard

The talks between Alphabet, Wiz and Wiz changed gears when Donald Trump returned to office. This rekindled speculation on how the Trump administration would deal with big-ticket technology deals. Trump’s initial term was marked by increased scrutiny On, Big Tech has sparked concerns about the possibility of certain mergers being scuppered.

There is speculation that the Federal Trade Commission (FTC), now led by Andrew Ferguson, might soften its M&A stance compared with previous crackdowns. Alphabet’s Google division is already involved in antitrust lawsuits over its Chrome browser and advertising technology.

Google and Alphabet: A Look at the Future

Alphabet is expecting to complete the Wiz deal by 2026, depending on regulatory approvals. Google’s cash and cash equivalents were just $23 billion at the end of the last year. It may need to raise additional funds in order to close the deal. If everything goes as planned, Google’s major foray into the cybersecurity sector could prove to be a game changer for its cloud-based ambitions.

The White House has ordered that Alphabet and Wiz remain in place as regulators for the time being. House, Markets react to the most shocking deal in Big Tech in history.

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