Alphabet, the parent company of Google, has struck a deal to purchase the cloud-security platform Wiz. With a price tag of $32 billion in cash, the

Google clinched a deal for its biggest-ever acquisition, announcing it will buy cloud-security platform Wiz for about $32 billion in cash. The acquisition of Wiz is expected to close in 2026, subject to usual closing conditions including regulatory approvals, according to Google. Once closed, New York-based Wiz will join Google Cloud.

The acquisition could make the Silicon Valley giant a bigger force in cybersecurity, and arrives months after an earlier round of talks collapsed.