Google agreed to buy Wiz, a fast -growing cyber security company, for $ 32 billion in the company’s largest batch to enhance its business in the field of cloud computers and expand beyond the search engine and consumer internet services that made it a familiar name.
The deal of all forgotten, AnnouncedIt will be the largest Google, easily exceeding Motorola Mobility of $ 12.5 billion in 2012.
Through the deal, Google will get a five -year -old company that most consumers do not know, but an increasing number of companies depends on protecting their cloud applications. Silicon Valley giant She worked for several months last year to make a deal for Saleh Wiz, which remained worth $ 12 billion. In July, Wiz rejected the Google acquisition of $ 23 billionSaying that she wants to follow a preliminary public offer, but the public subscription has never come.
The purchase of Splashy will pump the new Google Cloud momentum, the section that sells computing services to other companies. It will also be the most aggressive technology giant to keep up with Microsoft, its long -standing competitor, in cybersecurity.
“Today, the companies and governments working in the cloud are looking for stronger safety solutions and greater choice in the provisions of cloud computing,” said Sondar Bishy, CEO of Google, in a statement. “Google Cloud and Wiz together improve cloud security and the ability to use multiple clouds.”
But first, Alphabet, the parent company of Google, must remove organizational obstacles.
The deal will test the company’s ability to perform major acquisitions during the anti -monopoly battles with the United States government. The Ministry of Justice filed a law against Google in two separate cases of monopoly, one targeting the search engine everywhere and another seeking to dismantle the work of digital advertising technology. A federal judge spent that the company I illegally maintained a monopoly on online search You will decide the treatments to restore competition by August.
During the era of President Trump, the organizers continued to take a position against the unification of companies. In January, the Ministry of Justice Prosecuting to prevent the acquisition of Hewlett Packard Enterprise Compete, Juniper networks, on the pretext that the deal will eliminate competition and increase prices in the computer network industry.
Alphabet spent years in an attempt to diversify from the search engine and video service on YouTube and other online advertising companies that bring three quarters of their revenues. Alphabet has created adventure companies such as Waymo and Verily, which focuses on health care, but did not pay fully fruits.
The company also pumped the resources into Google Cloud. Like its competitors Amazon Web Services and Microsoft Azure, the unit offers a variety of services to help companies store and analyze data, in addition to running applications.
The WIZ acquisition is in line with a plan to make Google Cloud a bigger player in cybersecurity. During the reign of Thomas Corian, the unit’s CEO, Google Cloud bought two cybersecurity in 2022, anti -$ 5.4 billion and SIEMPLIFY for A. I mentioned 500 million dollars. The Google Strategy can help catch Microsoft, which it said generates more than $ 20 billion of annual revenue from security, making it the largest provider of cybersecurity programs in the world.
If completed, the deal may also help stimulate the expansion of Google Cloud revenues. With the growth of the company, its pace usually slowed, although the revenues in the fourth quarter increased by 30 percent from the previous year, to 12 billion dollars.
Wiz has grown at a slight pace. Last year, she said she received $ 350 million of repeated revenues, up from $ 100 million two years ago. The New York -based company said it plans to reach one billion dollars of repeated revenues in 2025.
“This acquisition will enhance our mission to improve security and prevent violation by providing additional resources and deep experience of artificial intelligence,” said Assaf Rapaport, CEO of WIZ.
Among Wiz Andressen Horowitz, Thrive Capital, Greenoaks and Advent International.
Lauren Hersh It contributed to the reports from New York.
