Google is acquiring Wiz, a cloud cybersecurity startup, for several strategic reasons:
- Enhance cloud security capabilities: Wiz specializes in providing segregated security solutions and scanners for corporate clients, which can significantly bolster Google’s cloud security offerings.
- Competitive advantage: The acquisition is aimed at strengthening Google’s position against Microsoft, which has recently faced several high-profile security breaches.
- Improve cloud service trustworthiness: By integrating Wiz’s technology, Google can enhance its reputation as a reliable cloud service provider.
Google has made several acquisitions in the cybersecurity space in recent years:
- Mandiant (2022): Acquired for $5.4 billion, Mandiant is known for uncovering the SolarWinds cyberattack.
- Siemplify (2022): A cloud security startup purchased for $500 million to enhance Google’s security offerings.
- Motorola Mobility (2012): While not a cybersecurity company, this $12.5 billion acquisition was Google’s largest to date before the Wiz deal.
The reasons for these acquisitions include:
- Expanding Google’s cybersecurity expertise
- Integrating advanced security technologies into Google’s cloud platform
- Addressing the growing concerns over cyber threats from state-sponsored and criminal entities
Where does Microsoft Stand:
- Microsoft has been facing challenges in the cybersecurity space, having experienced several prominent security breaches recently.
- Google’s acquisition of Wiz appears to be a strategic move to gain an advantage over Microsoft in the cloud security market.
- The deal suggests that Google may be positioning itself to potentially surpass Microsoft in cloud cybersecurity capabilities.
However, it’s important to note that Microsoft has its own robust cybersecurity offerings and continues to invest in this area. The acquisition of Wiz by Google represents a significant move in the ongoing competition between these tech giants in the cloud and cybersecurity markets.
