Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security


FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) - Alphabet said on Tuesday it would buy Wiz for $32 billion in its biggest deal as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft.

The price tag is much higher than the roughly $23 billion Google had offered for Wiz last year before antitrust worries forced the startup to shelve the deal.

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