Google to Acquire Cloud Security Firm Wiz Campus Technology

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

  • Threat detection: Wiz’s platform uses machine learning algorithms to detect and identify potential security threats in real-time.
  • Incident response: Wiz’s platform provides automated incident response capabilities, allowing organizations to quickly respond to security incidents.
  • Security monitoring: Wiz’s platform offers continuous security monitoring, providing real-time visibility into an organization’s cloud infrastructure and data.Benefits of the Acquisition

    • 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.

  • *Real-time threat detection and response*
  • *Automated security posture management*
  • *Integration with popular cloud providers*
  • *Advanced analytics and reporting*

    • 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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