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Google today announced a $32 billion deal to buy Wiz, an Israeli cloud security company that would become part of Google's cloud division if the merger is completed.
The all-cash deal requires regulatory approval at a time when the Department of Justice is trying to break up Google by forcing it to sell the Chrome browser after a judge ruled that Google illegally maintained a monopoly. Google is also awaiting a verdict in a separate ad-tech monopoly case brought by the US government.
Google's announcement this morning said that "Wiz's products will continue to work and be available across all major clouds, including Amazon Web Services, Microsoft Azure, and Oracle Cloud platforms."
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The all-cash deal requires regulatory approval at a time when the Department of Justice is trying to break up Google by forcing it to sell the Chrome browser after a judge ruled that Google illegally maintained a monopoly. Google is also awaiting a verdict in a separate ad-tech monopoly case brought by the US government.
Google's announcement this morning said that "Wiz's products will continue to work and be available across all major clouds, including Amazon Web Services, Microsoft Azure, and Oracle Cloud platforms."
Read full article
Comments