Wiz is set to be acquired by Google Cloud for $32 billion, bringing its innovative cybersecurity solutions into the tech giant's portfolio.
Target Information
Wiz, a pioneering cybersecurity company, has been making headlines with its intended acquisition by Google Cloud for a staggering $32 billion, pending regulatory approval. Founded by industry experts Assaf Rappaport, Ami Luttwak, Roy Reznik, and Yinon Costica, Wiz has fundamentally reshaped cloud security through its innovative agentless, API-based platform. This technology offers unparalleled visibility and protection across multiple cloud environments, addressing critical security needs at a time when cloud adoption is rapidly increasing.
Since its inception, Wiz has focused on solving complex challenges in cloud security, leading to impressive growth and recognition within the industry. By creating groundbreaking tools such as agentless, graph-based solutions and posture management systems, Wiz has attracted notable traction from chief information security officers (CISOs) and other key decision-makers in cybersecurity.
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Industry Overview in Israel
Israel's cybersecurity industry is renowned worldwide for its innovation and technological advancements. As a global leader in cybersecurity solutions, the country is home to a vibrant array of startups and established companies t
Similar Deals
Google Cloud
invested in
Wiz
in 2021
in a Buyout deal
Disclosed details
Transaction Size: $32,000M
Revenue: $1,000M