Google is making the biggest acquisition in its history. The company's parent company Alphabet is buying Wiz, the cloud security startup, for $32 billion

In the biggest acquisition of its history, Google’s parent company, Alphabet, has confirmed the $32 billion purchase of cloud security startup Wiz. The deal is an all-cash transaction, with a portion of the total price ($1 billion) allocated as retention bonuses for Wiz’s 1,

Google on Tuesday signed a "definitive agreement" to acquire New York-based cloud security startup Wiz for $32 billion in an all-cash deal. In July, CNBC reported that Wiz walked away from a potential $23 billion acquisition by Google and announced to employees that it would pursue an IPO instead.