Google is buying the company Wiz for an incredible 32 billion dollars. Apart from industry insiders, very few people have ever heard of it. Here's what's behind the deal.

Google’s parent company, has announced the acquisition of Wiz, a rapidly growing cloud security startup, for $32 billion in an all-cash transaction. While this is a hefty price tag, cybersecurity is a fast-growing industry,

Google has confirmed the purchase of cloud cybersecurity startup Wiz for $32 billion. This will be an all-cash deal and is considered one of the biggest acquisition deals in Google's history. Google's parent company Alphabet had earlier acquired a cybersecurity company called Mandiant in 2022 for $5.