HERE'S WHY GOOGLE PITCHED ITS $32B WIZ ACQUISITION AS ‘MULTICLOUD'

Summary from the TLDR newsletter

Google is acquiring Wiz for $32 billion. Wiz will continue to be positioned as a multicloud offering. The acquisition brings a massive customer list to Google, so the companies need to ensure existing customers don't start shopping around for another security provider. Many customers chose Wiz due to its ability to support multiple cloud platforms - cutting off that ability risks alienating those users. Google Cloud trails significantly behind its competitors with a 12% share of the global cloud market.