Security News > 2024 > July > Google reportedly in talks to buy infosec outfit Wiz for $23B

Google appears to be attempting a play for the crown, as it is reportedly poised to acquire infosec upstart Wiz.

According to the New York Times and Wall Street Journal, Google is deep in talks to buy Wiz for $23 billion - the largest-ever sum its parent company Alphabet has paid for prey.

If the deal comes off Google would emerge as owner of both Mandiant and Wiz - and that would give its cloudy division a claim to be at least near a position of security strength that its rivals couldn't obviously match.

With Mandiant and Wiz aboard, Google could point to a strong portfolio of products and services drawn from the security market itself - rather than built as part of a portfolio of cloud services - and therefore a different approach to both cloud and security.

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Whether buying Wiz would Google Cloud into revenue or technical leadership is another matter: the unit's closeness to Kubernetes didn't make it the natural first choice for containerized apps, or propel it to undisputed leadership of the cloud-native IaaS market.

News URL

https://go.theregister.com/feed/www.theregister.com/2024/07/15/google_wiz_acquisition/