Google to Acquire Cloud Security Firm Wiz Campus Technology

The deal is expected to close in the second half of 2023.

The acquisition of Wiz by Google is expected to bring several benefits to the company.

The Rise of Wiz

Wiz has been a significant player in the cloud security posture management (CSPM) and cloud-native application protection (CNAPP) space since its emergence in 2020. The company has been rapidly growing, and its success can be attributed to its innovative approach to cloud security.

Google’s Acquisition Interest

Google has been pursuing Wiz for some time, and the company has offered $23 billion to acquire Wiz last July.

Further details on this topic will be provided shortly.

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