The greatest acquisition of the company’s history revolves around cybersecurity
23,000 million dollars were not enough to close the initial treatment per Wiz. In July last year, Google presented its purchase proposal For the cybersecurity company in the cloud, But the offer was rejected. If he had completed, he would have marked the most ambitious acquisition in the history of the search engine. The conversations did not stop and, after months of negotiations, Google He has managed to close The agreement for 32,000 million dollars. The agreement. Google, under the leadership of L succinity Pichai, will disburse 32,000 million dollars (about 29,270 million euros) in a transaction entirely in cash. For now, they have signed a ‘definitive agreement’ that paves the way to close the operation. However, as is the case with any purchase of this magnitude, the process must still exceed the scrutiny of competition regulators in several countries, including the United States FTC, the United Kingdom CMA and the authorities of the European Union. Google’s most expensive purchase. Until now, no acquisition had cost the Mountain View giant so much. To put it in perspective, YouTube came out for 1,650 million dollars, Motorola for 12.5 billion and Mandiant for 5.4 billion. Wiz far exceed any previous figure. Behind the purchase. Multimillion -dollar acquisitions are not decisions that great technological ones take light. Behind each movement of this caliber there is a well -defined strategy. In this case, Google is committed to Wiz to reinforce cloud security and enhance its multicloud approach. If everything progresses as planned, the company will become part of Google Cloud, the ambitious cloud computing division that has acquired great notoriety in the middle of the rise of artificial intelligence (AI). What does Wiz stand out? This New York headquarters offers a cloud security platform that is integrated without interruptions with the main cloud services and code environments. Its technology quickly analyzes customer infrastructure, creating a detailed map of code, resources, services and applications, in addition to its connections. With this, identify possible attack routes, prioritizes the most critical risks and allows developers to strengthen safety before deployment. Google Cloud competition works with Wiz. What will happen now? Three of Google Cloud’s main rivals, Amazon Web Services, Microsoft Azure and Oracle Cloud, already use Wiz’s solutions. Now that Google’s purchase seems imminent, the doubt arises about the future of these agreements. As the company has advanced, Wiz services will remain available for third parties. In fact, Google Cloud plans to offer these security solutions to its partners through its marketplace. “We hope to welcome the Wiz team and offer better cybersecurity alternatives for companies and governments around the world,” said the company, making its approach clear. In development. Images | Arthur Osipyan | Google | Wiz In Xataka | The true crown jewel in Apple is not its products, but its credibility. And they just torpedo her
