Google to Buy Cloud Security Start-Up Wiz for $32 Billion - Barron's
1. Alphabet agrees to buy Wiz for $32 billion in cash, its largest acquisition. 2. The deal aims to enhance Google Cloud's security capabilities and multi-cloud functionality. 3. Wiz's revenue expected to double to $1 billion by 2025, improving deal justification. 4. Regulatory scrutiny is anticipated due to ongoing antitrust cases against Alphabet. 5. Alphabet's cloud revenue growth slowed to 30%, underperforming prior expectations.