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

Alphabet will buy fast-growing startup Wiz for about $32 billion in its biggest deal ever, the Google parent said Tuesday, as it doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft.

The blockbuster deal will make Wiz part of Google’s cloud unit and strengthen the company’s efforts in cybersecurity solutions that companies use to remove critical risks.