Google Acquires Wiz for $32bn

Google has acquired Wiz, a cloud security company founded in 2020 that works across multiple cloud environments led by Assaf Rappaport (who previously founded Adallom, a cloud access security broker sold to Microsoft for around $320m). 

Wiz frames itself as "A new operating model for AI-era security".

Google was advised by Bank of America and Freshfields.  Wiz was advised by a slew of investment banks, including Barclays, JP Morgan, Morgan Stanley and Goldman Sachs.

Bank of America has expanded its technology banking team, including hiring Jason Rowe of Goldman Sachs and others from JP Morgan and Centerview Partners (Gary Kirkham).