Google to acquire cloud security startup Wiz for $32 billion
1. Google acquires Wiz for $32 billion, enhancing cloud security. 2. Acquisition designed to improve customer security and costs. 3. Wiz previously declined a $23 billion offer for an IPO pursuit. 4. Antitrust concerns influenced Wiz's initial decision against Google. 5. Wiz aims for $1 billion in annual recurring revenue.