Skip to main content
info

"Informed AI News" is an publications aggregation platform, ensuring you only gain the most valuable information, to eliminate information asymmetry and break through the limits of information cocoons. Find out more >>

Google Considers $23 Billion Acquisition of Cybersecurity Firm Wiz

Alphabet, Google's parent company, is considering acquiring Wiz, a cloud security startup, for $23 billion. Wiz, established in 2020, focuses on the Cloud-Native Application Protection Platform (CNAPP), which secures cloud applications without the need for agents. The company has experienced rapid growth, with annual revenues exceeding $350 million and a client base that includes Fortune 100 companies. This potential acquisition, which would be Alphabet's largest to date, is aimed at strengthening its cloud security capabilities in competition with rivals such as Microsoft.

CNAPP: A system designed to protect cloud applications from their inception through to deployment, ensuring security is maintained throughout their entire lifecycle.

Full article>>