Google secures EU antitrust approval for $32 billion Wiz acquisition

BRUSSELS: Alphabet’s Google gained unconditional EU antitrust approval on ⁠Tuesday for its $32 billion acquisition of cybersecurity company Wiz, its biggest ever deal, after regulators ‌said ‌the deal would not raise any competition concerns.

The deal, ‌announced in March last year, would boost Google’s presence in cybersecurity and in the cloud computing sector where it competes with bigger rivals Amazon.com and Microsoft.