Alphabet to Buy Wiz for $32 Billion in its Biggest Cloud Security Deal
Alphabet will buy fast-growing startup Wiz for about $32 billion (roughly Rs. 2,76,784 crore) in its biggest deal ever, the Google parent said Tuesday, as it doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft. The blockbuster deal will make Wiz part of Google’s cloud unit and strengthen the company’s efforts in cybersecurity solutions that companies use to remove critical risks. Its high price and unusually big breakup … Read more