💨 Abstract

Alphabet, Google's parent company, announced a $32 billion deal to buy Wiz, a fast-growing cybersecurity startup. The acquisition will strengthen Google's cloud business with Wiz's AI-powered solutions. The deal, priced higher than Google's previous offer, is aimed at improving Google's competitive edge in cloud computing against Amazon and Microsoft. The deal is expected to close soon, with Wiz joining Google's cloud unit.

Courtesy: theprint.in

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