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All issuesVolume 316, Issue 3IT NewsGestalt IT

Google Looking To Make Magic With Wiz - The Gestalt IT Rundown

Gestalt IT, Wednesday, July 17th, 2024

Google is looking to make their biggest acquisition ever. According to a report in the Wall Street Journal on Sunday, Alphabet will be making a bid to purchase Wiz for $23 billion.

Wiz has spent the past four years developing a cloud security platform that has detected some big problems in a number of providers, including one in Microsoft Bing. Google is finding itself increasingly under fire from a varity of attackers. The move comes as Google is facing antitrust charges from the Department of Justice and could have even called off a potential purchase of HubSpot.

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