Google has agreed to buy WIZ, a new rapid cybernetics company, for $ 32 billion in the company's greatest impulse to strengthen its business that computes the cloud and expand beyond the search engine and consumer Internet services that made it a family name.
The treatment of the whole fact, announced on TuesdayIt would be Google's largest, easily overcoming its purchase of Motorola Mobility of $ 12.5 billion in 2012.
With the agreement, Google would get a five -year -old company with which most consumers are not familiar, but that a growing number of companies trust to protect their cloud applications. The Silicon Valley giant worked for months last year to forge an agreement for Wiz, which was more recently valued at $ 12 billion. In July, Wiz rejected the acquisition offer of $ 23 billion from Google, saying that he wanted to follow an initial public offer, but an OPI never arrived.
The purchase of Splashy would inject a new impulse in Google Cloud, the division that sells computer services to other companies. It would also be the most aggressive effort of the technological giant to keep up with Microsoft, its rival for a long time, in cybersecurity.
“Today, companies and governments that are executed in the cloud are looking for even stronger safety solutions and a greater choice in cloud computing suppliers,” said Sundar Pichai, executive director of Google, in a statement. “Together, Google Cloud and Wiz will turbocate the improved cloud security and the ability to use multiple clouds.”
But first, Alphabet, the Google parent company, would have to eliminate regulatory obstacles.
The agreement will prove the company's ability to make important acquisitions during prolonged antitrust battles with the United States government. The Department of Justice has sued Google in two separate monopoly cases, one aimed at its ubiquitous search engine and another that seeks to break its digital advertising technology business. A federal judge ruled that the company had illegally maintained the monopoly in the online search and will decide on the remedies to restore competition in August.
According to President Trump, regulators have continued to take a position against corporate consolidation. In January, the Department of Justice sued to block the acquisition of Hewlett Packard Enterprise Of a rival, Juniper Networks, arguing that the agreement would eliminate competition and raise prices in the computer networks industry.
Alphabet has been trying to diversify the search engine, the YouTube video service and other online advertising businesses that bring three quarters of their income. Alphabet has created risk companies such as the Autonomous Waymo Automobile Company and in truth, which focuses on medical care, but they have not yet been worth it.
The company has also pumped resources to Google Cloud. Like its competitors, amazon Web Services and Microsoft Azure, the unit offers a variety of services to help companies store and analyze data, as well as execute applications.
Wiz's acquisition is aligned with a plan to make Google Cloud a bigger player in cybersecurity. Under Thomas Kurian, Executive Director of the unit, Google Cloud bought two cyber security signatures in 2022, Mandiant for $ 5.4 billion and always reported $ 500 million. The strategy could help Google reach Microsoft, who has said that it generates more than $ 20 billion in annual safety revenues, which makes it the largest cyber security software provider in the world.
If completed, the agreement can also help revitalize Google Cloud's income. As the business has grown, its rhythm has generally slowed down, although revenues in the fourth quarter increased a robust 30 percent compared to the previous year, to $ 12 billion.
Wiz has grown at a torrid pace. Last year, he said he had $ 350 million in recurring revenues, compared to $ 100 million two years before. The company, based in New York, has said that it plans to reach $ 1 billion in recurring revenues in 2025.
“This acquisition will strengthen our mission of improving security and avoiding infractions by providing additional resources and a deep experience of ai,” said Assaf Rappaport, Wiz executive director, in a statement.
Wiz investors include Andreessen Horowitz, Thrive Capital, Greenoaks and Advent International.
Laure of their lives New York contributed reports.
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